WARRANT HOLDERS....$ 20 per share...Hello Everyone,
Notice how both good40 and Hhoc respond negatively to every piece of bullish information I post. Why would they respond in such a manner? What is their motive? You know that they couldn't care less about you or your investment since you do not pay them. So why all of their constant bashing around the clock?
This bashing tells me that these posters are in panic as evidence is beginning to surface that LFD is way undervalued.
As I said, numbers don't lie. A Jeribe play with 300 million barrels of oil at the surface, which is very easy to drill, is worth $ 5 billion to LFD. The cost of operation is something in the range of $ 15 per barrel. They will net a profit of about $ 75 per barrel of oil.
With this find, the fair value of LFD is $ 20 per share. The stock price will begin to reflect this reality as we approach drilling.
With regards to warrants, SOROS needs to LOAD UP, he will not be satisfied with having to buy shares on the open market driving the stock to $ 2 per share. He wants his shares at 65 cents.
As we move foward, I expect we will have significant interest from majors, Exxon, Shell, BP and others....they want in while stock is cheap.
I know a person whom opened up a 2 person ice-cream shop and they are valued at $ 50 million the same as LFD. So for anyone to say that we are expensive, then what should those two ice-cream entrepreneurs say.
Notice that good40, hhoc always repeat the same LIES, LIES, LIES....
Be smart, the sharks are there to get your shares. Question is: Are they going to bite you????
JMHO