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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

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TSXV:LFD - Post Discussion

Longford Energy Inc > Bought back in today
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Post by Baxter4 on Mar 13, 2012 4:51pm

Bought back in today

I'm agreeing with EIOM on this one. Salida has to be buying for a reason and forcing liquidation of the company will allow them to make a 50% return a few months. Worst case scenario is we end up with the 10 cent dividend and have shares of a company worth 10 cents a share.

I was holding out for getting the shares at 13 cents for the past 2 months, but no luck. Probably means they will go to 12 cents tomorrow.

Comment by tankumo on Mar 13, 2012 9:27pm
I thought they also want to kick out existing LFD management right?    
Longford Energy Inc
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