Post by
taxdemicco on Feb 28, 2011 12:03am
VST News Pending....
Hello,
I already posted on Friday that news was pending and I thought it was VST. On Sunday we got confirmation of it.
Go to VST mb and you will see that Ahmed has confirmed by email to an investor that news is pending 2 to 4 weeks, he said it was complicated since news required signing off by both Niko the operator and Kurds governnment. They are keeping this very tight so that Iraq accepts PSC contracts without asking for more $$$.
The response by Ahmed was sent today.
If news was non-material, no approval would be required by government. Approval means $$$$, read between the lines.
Looks like VST is a biggy.
I expect LFD to explode once VST makes the official confirmation.
My target is $ 1.00 to $ 1.50 per share.
Better cover fast.
JMHO
Comment by
Kurd30 on Feb 28, 2011 1:46am
Atleast EIOM pumped hard on the run up, probably sold his shares and seems to have disappeared, you are still promoting taxdemicco. There is no guarantee that any pending news on vst will actually be positive news.
Comment by
maysteeler23 on Feb 28, 2011 4:11am
Niko has mentioned that they are seeing" Significant oil shows." on the VST block. Plus VST just hired a new board member tied to some big oil shots like George Bush senior. Every sign is that VST has made a major discovery. And it would take LFD to the $1 mark over night.
Comment by
maysteeler23 on Feb 28, 2011 4:36am
now we know why Ahmed bought 500 000 shares of LFD. He is using LFD as vessel to play a VST discovery. He wouldn't be buying so many LFD shares with news pending, if the news is negative.
Comment by
OIL_NEWBIE_CDN on Feb 28, 2011 8:46am
We need proof, no bull_shit1) where did you get the 500,000 shares info?2) Why would a VST discovery be beneficial to LFD since these two companies have not merged?3) Why would Ahmed Said answer anyone's email question?signed : skeptical, but I wish VST takes off soon on the upside
Comment by
shiftman on Feb 28, 2011 11:02am
LFD Front strreet sold 2,000,000 shares VST insiders have dumped so not too positive.
Comment by
Baxter4 on Feb 28, 2011 11:32am
You definitely have a way of making it sound worse than it is.Yes Front street sold 2,000,000 shares. However, only one VST insider sold, but that was 3 months ago and I believe he is no longer with the company.What you failed to mention was two LFD insiders have bought in the past month.If, you going to post information, keep it factual or lose all credibility.
Comment by
maysteeler23 on Feb 28, 2011 5:24pm
The VST CEO just picked up 500 000 shares with a VST news release pending. That's significant . And he said the Kurdish government has to sign off on the news. Hmmm. Looks better to buy LFD shares right before a major discovery , than VSY