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Lonestar Res Ltd New LNREF

"Lonestar Resources Ltd is an energy company focusing on acquisition and development of existing onshore oil and gas fields through exploration activity. The company holds a portfolio of twelve projects located in Texas, Louisiana, and Oklahoma, USA."


OTCPK:LNREF - Post by User

Comment by jerrybeon May 21, 2015 10:38am
47 Views
Post# 23749083

RE:RE:RE:RE:RE:RE:This stock is seeing very little love

RE:RE:RE:RE:RE:RE:This stock is seeing very little loveI am tempted to add more as we are back down to about $7.40 on the ask...

Seems there is absolutely no liquidity so far post split. Some weird things are happening in my brokerage account as well...and many websites mention billions in market cap...the reverse split is not as smooth as I would wish for but overall good move for sure. We are not a penny stock company. 

We need production to keep growing and cover all capex as we can ill afford adding too much debt right now. 

I like the operational updates. Everything we are hearing from the company shows that these guys are nimble and shrewd. I expect one or two more accretive bolt-on acquisition by the end of the year. I don't want them to get too stretched out but I think we are on the right track! 

GLTA!
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