TSXV:ART.H - Post by User
Comment by
wolfgang13on Jul 06, 2010 1:59am
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Post# 17245807
RE: RE: RE: How long has it been...
RE: RE: RE: How long has it been...I totally agree, there is a lot of impatient and paranoid people on this board. Perhaps this type of investment is not for them and they should be purchasing GIC's. I have complete faith in Niko and Sampson and news will be released in a professional manner when he is sure what we have.
As for Mr. Said appearing on BNN and talking about a merger or take over of LFD within a few months, what a bizarre time to be promoting this!!? I believe that for him to be mentioning this and the purchases of some more blocks in South America he obviously knows that the drilling is going extremely well and knows what they have. To take over LFD and their new endeavor in South America is going to require a lot of capital that they not have right now. So he is basically telling the world in a round about of a way that he knows they have discovered huge reserves and will have the capital shortly. Perhaps Niko could have asked for VST and LFD to be packaged together before Sampson buys them out after a major discovery. Sampson has a history of purchasing his junior partners after successful endeavors and this could be the reason that Niko did not exercise their warrants.
I believe that all of us Long's are going to be very wealthy within a couple of months and that Germany is going to win the World Cup.
Glta.