Target Raised to 60 cents Bought back LFD last week due to the recent news of ongoing talk with Genel. Genel interest in LFD is a huge validation of the viability of the Chia prospect.
I was among the first bullish pumpers of this stock last year and exited after I lost faith in manaement'experience in drilling. Genel has a deep knowledge of this area and the mere fact that they have shown interest in increasing their stake is enough for me to believe in the viability of the play .........
So I backed back by truck last week and reloaded it bigtime hoping to cash out in coming months at the peak of Euphoria.
BTW, Genel has the richest family in the world ROTSHchild as a financial backer. Rithschild are Jewish family that are worth more than 500 Trillion dollars!!!