Post by
Kurd30 on Jul 28, 2011 1:17pm
lfd
It is probably fair to speculate that they have lost the psc. Will be put out of their misery in no time. It isn't at a multi year low and going lower for no reason.
Comment by
zeekay on Jul 28, 2011 1:37pm
Why would they raise money if they lost the PSC. That would be fraud since the funding is based on the company having the PSC. Even then, it was a private placement, the rules are different....
Comment by
Kurd30 on Jul 28, 2011 1:47pm
Hard to say what the hell is going on and nothing is impossible. Shareholders are kept in the dark.
Comment by
oexel on Jul 28, 2011 1:57pm
I doubt Quantum would throw these guys change unless they were reasonably confident about their situation. Firms make mistakes too but I'd be surprised if they make the mistake x 2. Once at .3 and once at .2
Comment by
Kurd30 on Jul 28, 2011 2:08pm
What do you think is the reason for the non stop decline?
Comment by
jlmans1 on Jul 28, 2011 2:09pm
i have tried to confirm soros bought morecannot find it on sedar or anywhere elsecan someone put a link up for us to confirm
Comment by
Kurd30 on Jul 28, 2011 2:30pm
I have looked that up myself and yes he did buy more. If I find the link, I will re-post.
Comment by
richkat on Jul 28, 2011 3:01pm
Soros buying more: even in this downturn I would think that is a good sign. Hopefully we are at the bottom. I was under the impression that LFD would be drilling very soon: but I would like to see a press release in that regard. They are sitting on lots of oil: they just have to go after it.
Comment by
Kurd30 on Jul 28, 2011 3:47pm
Richkat,They were suppose to drill in October of 2010. They have delayed it many times (I lost count) and are now saying in the next "30-60 days". I will believe it when I see it.
Comment by
Paradise2 on Aug 17, 2011 6:29pm
do you know?soros has canceled the purchase of JulyLFD have a big problem. There will be no drillingI think the price is $ 0.05 LFD soon?
Comment by
Paradise2 on Aug 17, 2011 7:26pm
Excuse my English I am from Quebec, you are a liar! I know a lot about LFD Look at this photo I saw you say it again .... No drilling!