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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Bullboard Posts
Comment by kaosblueson Jul 09, 2009 7:30pm
294 Views
Post# 16128552

RE: RE: Depends how you think about it

RE: RE: Depends how you think about itI was obviously thinking more along your lines Margin, but I must admit that Cinco and Yemen both make good points.  The best leverege certainly appears to be VST in the long run and perhaps that's where one should put the "vast" majority of their investment in this Kurdish region, but I don't think you have to do that tomorrow per se.  I think if possible, the way to play it best right now is to put a fair amount in WZR  especially while awaiting the drilling results as well as a good percentage in LFD while we await the PSC announcement.  Let's hope that comes really soon and before the other two get rocked with any major news.    By percentage I would go 50% WZR, 30% LFD and 20%VST at this point in time.  Obviously events may dictate a sudden change to this apportionment, but given what we are expecting right now this is about the best stategy I can come up with, at least for myself.  In a really perfect situation LFD will pop and you can then sell and apportion all of it into the other two so that you are roughly 50/50 between VST and WZR.  Eventually you'll probably want to move the majority into VST, but as always, it is a question of timing and whether they hit oil or not.   Feel lucky punk?
Bullboard Posts