RE: RE: crazy !!!!!!!!!!!
I think LFD has fallen because: (i) many think LFD is 1 year off or more from production, and that it's behind VST in terms of F&M mgmt focus (ii) it's in the shadow of VST so it's resource estimates are being overlooked and it's being treated as a junior exploration play (iii) many well informed investors still believe LFD has a 20% interest in it's block (the rest being with subco); (iv) its proximity to the WZR block is seen as a risk. Obviously all these reasons are invalid for one reason or another - but that doesn't matter - generally speaking private investor perception is otherwise...
I'm with you 100% though, I think at anything under $35 LFD is a good buy. But, I think it could fall a bit further (sorry). LFD options are priced at $35 and directors have been buying within the $30 - $35 range. I don't have many shares - and I never intended to buy that many LFD because I've a reasonable GKP holding - but if it goes lower I'll buy more.
Hope that helps. I wouldn't sell - if you're in for the long term the current price will look like a buying opportunity.