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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by RockLobster1on May 23, 2013 8:55pm
103 Views
Post# 21434417

RE: RE: RE: The Urthecast Arrangement

RE: RE: RE: The Urthecast Arrangement

okay I see what you mean now.... all their money goes in but with the financing there will be cash on the books of the new company.    If they can raise that much at 1.85 it will indeed be a vote of confidence and the new investors will certainly be looking for a good return, as in a multiple of their risk capital.   Let's hope it catches fire as a sexy, unique and hopefully profitable venture.

I will be happy to eat my words... as the alternative is eating pet food if the thing crash lands...

thanks

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