Longford Energy Inc V.LFD

Economics

[good40]

PSCs are negotiated separately.  Royalties to the KRG are different with each contract. 

VST has negotiated a 15% royalty,  NKO for the same development only 10%,  therefore NKO is the better investment.

Unfortunately,  LFD has negotiated a 40% royalty.  Along with their 40% working interest,  the numbers are difficult to crunch.  Any prospect generally is reduced by about 80%.  Pumpers don't tell you that.

[nodswell]

good40, I like reading your posts for information and in order to keep myself in check, reminders to always take profit, and to never get overly excited about a stocks potential.  However, you seem so negative all the time and sound as if you don't own shares in the companies on which you post opinions (in this case LFD)?  I'm just wondering if you own shares in LFD long or

[jlmans1]

I too like Good40's questions, he seems to find the grey areas not addressed 100%however i am puzzled as to why someone who thinks so negatively about a stock spends so much time posting messages about it. If i dont like a stock i dont bother looking at the board about it.Why not spend your time finding good stocks to buy rather than spend time hereDo you care so much to help all of us see the

[good40]

There has been more appraisal work done on this field than any other,  very limited success,  left for 75 yearsas not worth returning too.Royalty is a huge problem at 40%,  4 times higher than most.Value wise,  the current price assumes a significant discovery already.Time wise,  Spud is half a year away. Realistically  any significant data is more than a year away

[EOIM]

Jlmans1, You simply hit the nail on the head! If GOOD40 hates this stock so much, what the heck is he doing posting rubbish and wasting his precious time. I don't ever recall myself wasting so much time on a stock that I hate or don't see potential in. GOOD40 posts the same rubbish in SNM as well. It only points one thing: He is a paid basher paid by an institution that wants to be

[good40]

You should be listed as a significant holder with 4.1 million shares.  I see holders on my screen with as few as 700k shares.  I'll keep an eye out for 4.1 million.Who do you trade with EOIM ?

[DriveKiller]

yes that's quite high-larious.  Pinetree owns 4.3 million and Sprott owns just under 4.  Even Stan Bharti owns less just under 3.  Pretty funny that someone on SH is claiming to own that many shares.