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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by Keeeet123on Apr 28, 2011 10:00pm
239 Views
Post# 18504296

Longford Drilling

Longford DrillingHi Guys    New to this board. Was originally thinking that the financing was a little overdone in regards to dilution. After thinking about it for awhile though I am thinking that if the 75 million in warrants expire in July and are not converted then basically this financing just replaces those warrants plus a little more. Ya they would have gotten more cash if the share price was higher and they came in at 75. But atleast this way they have the cash to get going and it does not really change the share structure of the company to to much............. Any thoughts.............
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