$ 5 billion Asset Value....for LFDHello Everyone,
A $ 5 billion asset value for LFD with 250 million shares o/s equates into a $ 20 per share stock, similar to reserves and stock price of OIL as Maysteeler stated.
Remember this is just the Jeribe play.
No wonder these clowns and mental retards are posting to steal your shares. Notice how HHOC tried to bash my numbers and when he does the calculation he estimates that stock is to rally 350% to hit his fair value number of $1.37. Isn't it funny that he got mud stuck to his face. All he did is confirm that stock is extremely undervalued at this price of 39 cents.
The CATALYST for future rally:
a) VST announcement of hitting OIL discovery, this will ignite fire in LFD.
b) U.S. pending deficit on March 31, 2011, printing of more money will send both gold and oil stocks up sharply.
c) Further confirmation by IRAQ that PSC contracts will be honored.
d) PR machine to ensure July 2011 warrants get exercised.
e) Spud date in June 2011.
f) Any bullish news from WZR will ignite sector.
I wonder, good40, HHOC, you spend so much time bashing a stock....days, nights, weekends, won't you feel like idiots when stock hits $ 20 per share. What a waste of time?????
JMHO