Rally OverDue....Hello Everyone,
One of these days, don't know the exact day, but rest assured that LFD will explode upwards with huge volume.
When you see that day, you will know that SOROS is involved.
To those whom are always worried about risk, why not buy a term deposit at the bank, collect your .25% interest and you can sleep at night. Leave the risk to MEN.
I am certain that you heard of INT.V, stock has exploded from 8 cents and is now $ 1.30. They basically translate one language to another, they have no patents. Yet stock is soaring and soaring and soaring, market cap about $200 million on hype and hope.
Here we sit on possible 4 billion barrels of oil that is worth close to $ 400 billion dollars and investors are worried if $ 38 million market cap is too high for this find!!!!
SNM.V that has less oil than LFD, that confirmed 6,300 barrels of oil per day trades at $ 600 million market cap.
WZR which has found nothing to date trades at $ 110 million market cap.
VST that has been drilling for an eterinity is trading at $ 90 million market cap.
HOC that has found mostly gas is trading at $ 400 million market cap.
I think the problem with LFD is its shareholders, they probably all finished grade 3 during World War 2 and, don't understand how oil functions in todays society. Move over grandpa, it is tell for the younger generation to make money.
Have a good weekend fellow senior citizens.
JMHO