Longford Energy Inc V.LFD

What you See is What you Get

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Just read the LFD & GENEL purchase agreement as filed on SEDAR.

 

I suspect the snow ball is rolling down the hill and it gets bigger and bigger by the day.

 

I doubt another company will get in front of this snow ball and enter a bid for LFD

 

However, the purchase agreement does not prevent another company bidding for LFD; this is probably more to do with Canadian law than anything else.

 

We may see a Hedge fund try to liquidate LFD for 23 cents………..

 

Probably FORBES will drop good properties into LFD to block any move by the Hedge Funds.

 

Probably it  is a done deal, what you see is what you get !