TSXV:TLC.P - Post by User
Comment by
st0ckpickeron Oct 21, 2010 10:15am
491 Views
Post# 17592317
RE: RE: RE: News
RE: RE: RE: NewsPersonally this is about what I expected. Todd Montgomery is known toput together huge land packages in risky new plays with the intention ofselling them for huge profits a year or two down the road. This iscloser to day one then payday so now is not the time for positioning ifyour only interest is a quick turnaround. If you look at the corporatepresentation and read the commentary on the stock you will get the idea.I am building a position but it is strictly for the home run potential.Montgomery's past success doesn't guarantee future success but it doesguarantee an audience. With the risk related to the newness of this playand the expense of the wells I wouldn't put grocery money here. Thatsaid, look at the area land sales, terms, and prices compared to ACG'sand you will see this is not a stab in the dark.