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re: Lnglf.....who has been stocking up?

Posted on 6/8/16 at 7:24 am to
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8510 posts
Posted on 6/8/16 at 7:24 am to
LNG is not the same company as LF or LY. I sold my LF a couple months ago and bought LY. Everything I read said they would both probably be converted/relisted when they get a NYSE ticker symbol, but LY seems to be the one officially backed by the company.
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 6/8/16 at 7:28 am to
quote:

These guys are throwing shite on a wall and hoping something sticks.


If by shite on the wall you mean a company with the 1st major LNG player in Canada breaking ground.......

The only patented technology of LNG that cost on average 30% less than its competitor.......

And numerous reports of Morgan Stanley and Deutsche buying up shares.....

I love the smell of this shite.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 6/8/16 at 7:53 am to
I have no skin in the game nor would I waste time with this but no offense you sound like every other small cap stock long on every message board out there. Of course the story sounds good, they always sound good. Every biotech is about to go 100 fold and every $200m co is going to be a $10B co. The reality is this thing is a dog more than likely and you're going to get bagged hard. Morgan Stanley buys everything, they're literally in every stock on earth check the filings, thats not a rumor its probably true but its ammo for message board pumpers.

I hope it works out for you, but its very rare to have a 60 cent stock amount to anything eventually. If it were such a sure thing, you dont think all the energy funds would be piling in and buying as much as they could? Surely those guys have analysts with deeper insight than some guys on a message board.

If I was you Id sell your $30k of stock bc thats not chump change and buy Nike down 20%+ off the highs and in correction territory, I can guarantee you nike will be here in 10 years, this one I cannot.
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 6/8/16 at 8:08 am to
If I listened to everything someone told me in my life, I wouldn't be shite today.

You don't think I own NIKE? You don't think I own other stocks?

Who the frick are you to tell me what to do with my money anyways. I'm not telling anybody to buy anything.....I have guys in the natural gas industry......they've been selling me on this stock.

quote:

If it were such a sure thing, you don't think all the energy funds would be piling in and buying as much as they could? Surely those guys have analysts with deeper insight than some guys on a message board.


You probably should do some research on it before you run your mouth. There are like 10 funds that have scooped up between 3-10 million since 2014.

Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 6/8/16 at 8:18 am to
LINK

I mean its just shite on the wall
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 6/8/16 at 8:41 am to
im not telling you anything, you're over here pumping some 60 cent stock as the next big thing and im telling you to chill out. You're more than likely going to lose all your money but what do I care its not my money. I have plenty of money so I dont need to try to swing for the fences with some penny stock.

Look up the term bagholder
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 6/8/16 at 8:56 am to
Lmao.....look up the term go frick yaself
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 6/8/16 at 8:58 am to
Both lnglf and lngly got a huge pop so far today.
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38735 posts
Posted on 6/8/16 at 10:47 am to
I think I might sell...

Posted by sneakytiger
Member since Oct 2007
2472 posts
Posted on 6/8/16 at 2:12 pm to
They haven't broken ground on anything. Their patented OSMR tech is unproven after 10+ years of being marketed in Australia and now the US. OSMR may be great tech, but LNG buyers, typically utilities, like proven reliability before they commit billions of dollars t build new infrastructure. In that way OSMR actually hinders them.
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 6/8/16 at 2:44 pm to
Bear head LNG in Canada has broken ground!

Other than that....you are off base again as their tech is a cheaper alternative to the latter...these are new facilities being constructed.

I'm not going to argue with you because obviously you have the answers......

All I'm doing is sharing information in this thread.

This post was edited on 6/8/16 at 2:48 pm
Posted by sneakytiger
Member since Oct 2007
2472 posts
Posted on 6/8/16 at 2:55 pm to
Show me the company's press release where they have broken ground on either magnolia or bear head. They've bought the ground, maybe even started prepping and surveyed the ground, but they haven't broken ground in the sense of moving forward with a plan to actually construct a facility. None of their projects have customers or financing. I'm just trying to to help clear things up for the thread, because you are misinformed.
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 6/8/16 at 3:33 pm to
LINK

This is what i got today......They have broken ground in the sense to contruct a facility......and they have tolling agreements for 4 of the the 12 mtpas......

From what I've heard Vesey was handpicked to close on the tollings and/or to be bought out by already producing wells and utilize their facilities.
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 6/8/16 at 3:55 pm to
quote:

L S Usetheforce


If you are interested in this project, you should look up G2 LNG. Not being publicly traded and is primarily based of private/foreign investments. Not sure if you can get money in but any interesting and similar project in Cameron Parish. They have land secured, all federal and state paperwork in the pipeline and by all accounts, going to be passed. Buddy Roemer formed the LLC, along with a few others, and may have all the right connections to make it work. Scheduled to start building in mid-2017.
Posted by OldeScratch04
Urban America
Member since May 2016
129 posts
Posted on 8/12/16 at 1:22 pm to
any news on this?
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 8/12/16 at 1:53 pm to
Haven't heard anything formally. Rumors here and there but nothing concrete. Hoping they can make it work though. Would be a big construction project and over 200 permanent jobs once they start.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14056 posts
Posted on 11/30/16 at 10:17 pm to
Bump for receiving non FTA approval. Waiting on NTP any day now ( maybe by Friday)

Next week Canada should finish up with Bear Head as well.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80774 posts
Posted on 11/30/16 at 11:22 pm to
This stock is still alive?
Posted by L S Usetheforce
Member since Jun 2004
22763 posts
Posted on 12/1/16 at 5:10 am to
Trade approvals released last night....up 18%. Buddy told me two tolling agreements on way by end of year.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14056 posts
Posted on 12/1/16 at 9:12 am to
quote:

This stock is still alive?


Yep. fricking feds druuuuuuug their feet on this damn thing. It's been unreal to watch. I even signed up for email alerts from the FeRC website and its been a sloooooow process. That and the green fricks at the Sierra club had shite held up whike awaiting their hearing and then rehearing request.

That being said shoukd be a solid Christmas for those who put in low.
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