RE: NEWS.....AHMEDThis board is dying because there is no news and will not be any news until lfd actually drills a well! So now there is only the pumpers and bsers who claim to or think they know more than what is the actual case. Most are tired of maysteelers repitions and hopefully also are ignoring taxdemico. Here are 2 who are really trying to make something out of nothing. To put some sanity back into discussion see below:
Hello Everyone, EGADS
News One: Ahmed bought 500,000 shares of LFD. Ahmed and rest of bod get absurd bonuses and stock options at shareholder expense. I thought Enron was the end of this blatant disregard for shareholder value?
News Two: Ahmed confirms to poster that news will be coming on VST, 2 to 4 weeks, news needs Niko and
government approval. This is ridiculous to imply that Ahmed is sitting on some incredulous positive news but we cannot expect a pr for another 2 to 4 weeks! In past, any positive pr has been preceeded by sp run-up indicating that good news has always been leaked, again at shareholder expense. Company is hungry for anything positive and Niko or krg would not deter immediate publication of anything positive. Further, I would be very surprised and concerned if the CEO is wasting his time exchanging emails with someone who has a very dubious understanding of situation such as taxidemico?
News Three: Oil has offiically hit $ 100 per barrel, going to $ 120 to $ 140 level. $100/bbl is great but if price goes too high too fast the negative effect on economies and associated lower oil demand has a negative effect on oil companies. At least on oil companies with reserves and production, which at present does not include lfd.
News Four: U.S. in budget crisis, government almost shut down, near bankruptcy Are we not aware of this?
News Five: Gold hitting new highs $ 1,430 confirming bull market for commodities and inflation Are we not aware of this?
News Six: Long term instability in Libya, keeping oil prices high, very bullish for Iraq and Kurds property. Are we not aware of this?
You have three tips from insiders that LFD will soar: Is Taxidemico an insider?? Hopefully not, as I certainly hope that the company has more smarts than suggested by his posts. In any event, his tips are extremely suspect (remember his bullish take on the new reserve report and his ridiculous determination that oil at Chia Surkh is magically multi-times more valuable than what Vast shows to be the value of a much larger discovery at qara dagh?)
Rather than commenting on world politics, it would be more interesting for him to explain these obviously erroneous conclusions.
As I said before, it will be a long hot summer, no news until well results in the fall. Production in Q4, no way!