Longford Energy Inc V.LFD

5000/day barrels + 400 mill UNRISKED =$5

[maysteeler23]

Right now LFD is a $5 stock. And is the cheapest stock on the venture.

[maysteeler23]

Math is quite simple. OIL was a $20 stock with a 200 mill discovery, and was pulling out 7500/day. We already know LFD has a 5000/day discovery and 400 mill unrisked, which makes it a $5 stock right now... At least

[good40]

Don't know where you got your numbers for Oilexco Maysteeler,  but you are way off.   Their Brenda reservoir,  what they called their " flagship "  field,  was flow tested from their developmental wells at over 26k bopd... and was advertizedas capable of 44k bopd at 8% drawdown.GreatSwami,  with over 30 years of experience as a geologist... and a few

[HHdoc]

Those with any experience in the oil business know an old adage that "a dry hole is much better than a teaser",  which quickly becomes a money pit!A 4800 bopd or 5000 bopd test if not stable, is a teaser. Despite Maysteeler's endless rants of these same numbers, investors are not comfortable with what is known or what is uncertain about this test. So LFD is not a $5 stock , it

[Kurd30]

Maysteeler is a fool and a waste of time to engage in a discussion.  I am a lfd shareholder and believe that the sp will appreciate, we will find out in due time.  Everything is pure noise on these boards.

[good40]

The risk here is three fold... exploring a reservoir previously determined to have an oil column too small to develop... political instability... and the reduced risk of economic viability due to a negotiated 40% royalty.In my opinion,  they've got to renegotiate that royalty... it's just too difficult to work out the business plan witha 40% working interest and a 40% royalty.