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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by Kurd30on Aug 15, 2011 8:57pm
236 Views
Post# 18945322

RE: Ok Said Time To Leave

RE: Ok Said Time To LeaveIf your idea of getting it right is by wzr taking lfd out, we are screwed.  Just look at how many failures wzr went through.  The best Canadian junior in the area is snm, no question.  As for Ahmed Said, he is probably not going anywhere and will remain a part of the company in some fashion and collect his easy money, unfortunately.   Heck, as of now, he is still the CEO of lfd. 

Lfd and vst are two different names, same exact people running the show.  They have failed (slight hope left) with vst and it is reflected in lfd as well.  They have not met many of the expectations that were communicated to shareholders and will have difficulties raising funds.

I have averaged down on the recent decline and hope to recover my initial investment and get out of the Kurdistan plays completely as the risks in this area far exceed the reward (which is not as high as some claim).  There are much better risk/reward companies out there.
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