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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by coolrunningon Jan 09, 2012 3:41pm
342 Views
Post# 19383350

RE: RE: I am out...55% profit in 3 weeks

RE: RE: I am out...55% profit in 3 weeks

I think that if this deal closes you will not see the 35-40 grand.  70 million less the 25 million owed leaves 45 million to be divided by the shares outstanding or $.25/share.  The shares will like trade at about a 80% discount to cash, so that means a price of $.20/share.  If this deal falls through, you will not get the 10 grand, but probably 5-6 as time is running out.  I would love to see this go to $.40 but with this deal only hype will get it there.  There could be a short window to get out of this near the top, as people realize the true value of the deal.

 

Best of luck to all.

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