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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Long Run Explor Ltd Ord > Change the model
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Comment by Shlinker_on May 21, 2014 9:29am
286 Views
Post# 22581589

RE:RE:RE:RE:Change the model

RE:RE:RE:RE:Change the model
I couldnt disagree with your comments on natural gas and the SP of LRE.TO more. What happened to LRE when the price of NatGas blasted off this past winter? Not much at all. It would only affect the SP of LRE if it goes high (5+) and stays there....LRE hedges a very large portion of their gas, it doesnt matter what the short term fluctuations do. The small amount they dont have hedged has been getting a good price at 4+ since January. Its still a strong buy at these levels despite this. imho Cheers.
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