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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

TSXV:LFD - Post Discussion

Longford Energy Inc > 5000 barrels
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Post by HHdoc on Jan 20, 2011 4:44pm

5000 barrels

is genel paying the same royalties?
Comment by good40 on Jan 20, 2011 5:08pm
The normal royalty established with the KRG is 10%.  LFD pays 40% because they did not have the cashto buy their working interest.  Unbelievable considering the amount of money being invested in day to day trades.Wouldn't you think that one of these investors could have come up with the cash rather than have themsubject to that kind of liability ?  With a royalty of 40% and only ...more  
Comment by alstra32 on Jan 20, 2011 5:21pm
WOW !!!!!!! goof 40 you make me sick .What concern is it of yours to try to take the hopes and dreams of others .I have read your crap for too long and have to get it out   , MORON !!!!
Comment by good40 on Jan 20, 2011 6:03pm
Would you rather I not mention the 40% working interest and the 40% royalty ?  Those percentages are absolutely true,  you may not like to see them,  but they're true.They don't have billions of barrels of oil alstra32,  they have undiscovered resource.  Would you rather not hear it ?It's the truth.  Look at their presentation,  it says undiscovered.& ...more  
Comment by Baxter4 on Jan 20, 2011 6:21pm
Would you rather I not mention the 40% working interest and the 40% royalty ?Definitely. In fact, why don't you stop mentioning everything, then there would be no more post from you which I'm sure everyone would appreciate.
Comment by good40 on Jan 20, 2011 7:16pm
There were actually 3 wells which produced over the field.  Two came with data that supported the following fact... they produced for 1 day and declined to be non-commercial.The third well, CS7,  was reported to have produced at 4800 bbls/day... with no data provided.  The fact that it was left for 75 years leads one to believe that the number was initial flush production,  not ...more  
Comment by jlmans1 on Jan 20, 2011 8:09pm
Good40I have 3 questions for you:1. If they have nothing at the moment why are such big institutions holding onto and buying so many shares? 2. why has the share price gone up almost 100%3. If you dont any shares what is your motivation for posting on this board.I'm really interested in question 3
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