LPL livingstone petroleum limited

LPL appears to be one of the highest quality new listings out...

  1. 1,739 Posts.

    LPL appears to be one of the highest quality new listings out there.

    It has become a Natural Gas producer after only 6 months.

    LPL's 50% share of production at Larner 2-12 is now worth $6,000 per day. That's over $2 Million revenue per year (assuming a conservative NG price of $6)

    Their 2nd well at Edge 1-10 is expected to contribute almost $0.5 Million per year in revenue.

    Not bad for a --> $12 Million <--- market cap company.

    A 6 well program is planned to commence next quarter.
    Another 100-200 prospective targets have been identified.

    So far this company has only 2 !!!

    LPL won't stay at 40c for much longer...
    Do I hold? Do bears sh*t in the woods?

    Joel
 
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