Longford Energy Inc V.LFD

Need $ to Drill

[Dringwinzee]

LFD management has been idle and burning up cash from PP's without doing any meaningful exploration work.

They need to figure out a way to get the capital to drill. Maybe their senior management team will lend the company some cash in exchange for some stock and get bloody serious about drilling a well. The clock is ticking and soon they may lose their interest if they don't take some quick action.

Their website is not very professional and really leaves one wondering if LFD is serious about keeping shareholders in the loop on what it is doing to try to unlock the potential from its holdings.

A lot of PO'd shareholders out there watching this thing idle to nowhere.

[Kurd30]

Crappiest management team out of all Kurdistan plays.  Have accomplished squat with this venture.  Keep doing PP's and getting paid for nothing.  The first term of the PSC expires in June 2012 and the land has yet to see a drill and may never see one under this team.  All the B.S. about it being a shallow drill means nothing.

[TeTsuo36]

I find myself agreeing almost 100% with you. Indeed the crappiest rubbishest knob jockey BoD ever to put foot in Iraq. My grandmother could have had a drill completed by now with a snow shovel and a Wolf hammer drill.LFD holders have basically had their cheese left hanging in the wind.BUT, BUT, BUT.My investment is worth so very little now, there is no point selling it. So i will wait for the

[Kurd30]

Hi TeTsuo36,It absolutely can get much worse, it could and may go to zero.  I know most of the Kurdistan plays have declined in share price (as has most of the market), but compare the website and corporate presentations from snm to vst and lfd.  That alone speaks volume about the complete disregard that lfd management has for its investors.  Snm has provided 3 updated