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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by good40on Feb 06, 2011 1:53pm
145 Views
Post# 18083882

RE: RE: RE: RE: Keys Facts we know Till Date

RE: RE: RE: RE: Keys Facts we know Till DateYes he is in this for money... but one thing is troubling.  The company has had problems with capital shortages and this is why they were forced into that awful royalty deal at 40%.  That kind of liability is their biggest problem going forward, if there is a forward.

Soros has money... I'm sure he investigates before investing... why didn't the company go to Soros for the money rather that sell the farm with the 40% royalty ?  Doesn't make sense,  unless he is in for the hype before the game begins.
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