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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Bullboard Posts
Comment by margin500on Jul 11, 2009 6:49am
297 Views
Post# 16131366

RE: RE: Wait and see......

RE: RE: Wait and see......Raising $30m in 2 wks. with no assets is a very  good point.That's a lot of dough. You are correct in  saying it must be institutional $$$ .Plus maybe the drilling operators getting on brd. would have to come up with plenty of cash.The ordinary Joe could never come up with those kind of $$$ in such a short period of time.As for the major shareholders --- your guess is as good as mine.I still think there is a chance that there could be an LFD --- VST merger.That could be the reason why they are holding  VST @ .40 untill they issue a NR.This is just pure speculation on my part.Opinions welcome.
Bullboard Posts