Post by
Dringwinzee on Jan 14, 2011 10:42am
Try 1.20 for SP Target
The potential of LFD is staggering.
There is oil there so the question is how much and how easy is it to produce and get to market?
Management made a smart move to raise capital with warrants exerciseable to pay for the drill program. Investor interest and hype from the announcement of seismic results and a drill program alone can propell LFD up to 1.20 over the next few months.
Will be a nice 4 bagger for me it I am right.
But as we all know, anything can happen so I will continue to monitor progress and make a decision on whence to get out of LFD as the world turns.
Rock on and thanks to those who provide good information.