Littlefield Corporation (LTFD) Message Board

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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

0.0%

Sep 29 11:29 AM EST

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To: Jonathan Bulkeley who wrote (7250)	2/11/1998 9:59:00 AM
From: Mackie	Read Replies (1) of 10368

Has any thoughts gone into the fact that this company is holding a boat load of cash compared to the share price, I estimate (1.40+/-)? This would be prime picking for another company to come in and spend that CA$H, especially a company that has someone that has been close to generating that cash... I think that an offer, at this point in time, to shareholders would go over quite easily. Especially, all who get more more involved with the warrant call. I would speculate that a company could offer between 8-$10 a share. Any thoughts...

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