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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

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TSXV:LFD - Post Discussion

Longford Energy Inc > oil to be $150++ per barrel
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Post by sumeroil on Dec 03, 2010 9:34pm

oil to be $150++ per barrel

i bet all my stocks!!!
Comment by Baxter4 on Dec 03, 2010 9:59pm
Best hope oil doedn't go that high for a few years, otherwise the recession will re-appear making 2008 look good. A return of the recession will then drive the price of oil back below $50.The best hope is OPEC keeping the price of oil in the $70 to $90 range.
Comment by good40 on Dec 04, 2010 9:09am
Well,  in that case,  a rig will cost $1million/day and corporate tax will be double what it is today.  Never mind though sumeroil... there is a poster on this board who just claimed they already have 5000 bopd,  worth $60 million in revenue and seven proven wells with oil.That's what he said sumeroil,  you must have read it.  Any chance you might offer some ...more  
Longford Energy Inc