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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by good40on Dec 15, 2010 9:42am
161 Views
Post# 17848941

RE: Risk Issue....

RE: Risk Issue....According to your posts,  you've purchased 500k shares this week alone.  That's not possible taxdemicco.

The current share price reflects the value of a 200 million barrel discovery OOIP.  Anyone purchasing this now is already purchasing a huge speculative potential.

Timing is everything at the moment... there is more than 1 year before any relevant data is released as spud is not until next summer.  It is a regular thing for hypsters to promote before spud,  hoping to sell into the excitement.  Spud means nothing,  results are what counts.  In my opinion... this price is too expensive,  moved up too fast short term with
nothing on the horizon.

Anyone promoting this currently is selling.
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