premium % I do hope for a full 100% buyout of the LFD property at a nice share price so we all can walk away happy. If i want to play kurdistan and Chia block i'll purchase some vallares down the road, or buy more wzr, vst, snm, hoc etc
i have 90k shares at about .15 average :P i have 47k at .13, 37k at .19 and the rest at .07 either way it's about $13000+ which is my biggest holding for any junior.. the only company i own more in is Suncor which i own at a $29.00 average.. so yea that's alot for the 30k i have total invested at the moment. Needless to say if LFD gets bought out at the kind of premium some are speculating i'll be using that new money for a downpayment on another home in fort mac :P also reinvesting some profits into stocks.
while i have most of my money in LFD if this news is good and i do indeed profit i think i'll be buying some WZR as well.. they have a brutal habit of hitting highs then retracting back to their old price.. they went from .60 to $1 on the 9666 bpd discovery then back down to .60 then back up to .85 now back to .60 again.
I think once more news comes out regarding their new partner in kurdistan on the garmien block and they recover the costs of drilling they'll get a nice little boost. Also news of MQ-1 and Sarq-2.
the biggest news we could recieve would be a final sealed document regarding an agreement between the central gov't in iraq and the KRG that would give these all a massive boost.. but i won't hold my breathe on that one we've been hearing about how they've been close forever.
supposedly talismen energy have their well that's supposed to be the same structure as WZR sarq-2 capped.. i'm wondering why they didn't release much on that one, some feel to keep wzr price lower for a potential buyout down the road.. or maybe something total unrelated.. any info would be good on that.
well it's late and this kinda turned into a rant about wzr more than lfd.. oh well it's all kurdistan i own all the juniors so what odds i'm sure alot here own some wzr as well.
i'm hoping for .45 cents per share buyout.. that would give me a nice chunk of extra money.. but to be honest anything to keep me from losing and i'm happy. anything else is a bonus so .15 or > and this lad is content