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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by Fnordon Jan 14, 2012 12:33pm
266 Views
Post# 19404149

RE: vast opportunity?

RE: vast opportunity?

Like many others I'd like to just take the profits and then run as far away as I can from LFD management.  Unfortunately it probably won't be that simple.  But if things get overly complicated I'll be happy to just take a small profit and put the money to work elsewhere.

I hold a little bit of VST, but  won't put any serious money into it at this point.  Qara Dagh geology is complex and the prospects are ill-defined. The market assigns value based on probabilities not possibilities, and VST has been getting priced for what it is - a long shot that may or may not pan out.  That said, I agree that it's currently under-valued which is why I bought some.  A large company could easily buy them out at a premium with pocket change.

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