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Labrador Resources Inc V.LTX

Labrador Resources Inc. is a Canada-based oil and gas issuer. The Company focuses on carrying out reactivation activities on one well and drilling a new horizontal well on the Atlee Buffalo Property.


TSXV:LTX - Post by User

Bullboard Posts
Post by Jaco7on Mar 09, 2018 11:33am
173 Views
Post# 27691490

RISK vs REWARD

RISK vs REWARDBasic fundamentals in trading/investing. With the company's financial stability along with it's initiatives supported by all the recent NR's, there is minimal risk at this price level. Yes over the past few months controlled and stabled accumulation has been going on, but stronger hands are now in play and this will not tank to the .01 area as suggested by one of our regular posters. If you're sitting on the fence with this one look at it this way, do you go with a company who have been adding assets over the past few months to be successful or do you listen to someone who repeats, repeats, repeats and yes repeats the same thing every day about the doom and gloom of this company. At least LTX management is working and investing on behalf of it's shareholders. Reward will follow down the road more so than retracing from these levels. It's a no brainer for me. Good Trading!
Bullboard Posts