GREY:WFREF - Post by User
Post by
UppersDownerson Oct 08, 2014 3:14pm
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Post# 23011307
Thats The Way
Thats The Way Article on Seeking Alpha state we should be at $8.00 compared to other oil companies and yet we are at C$3.95 and paying a divi over 10%. So where does that leave us? If only we went up as fast as we came down with our share price. So many people on BNN saying that we are a fantastic deal or should I say a value play at over $4.00 yet we are lower. I doubled my position this morning and will add more on weakness as LRE is so undervalued it stinks. Picking up Crocotta makes LRE even better long term. One thing is for certain and that is when a oil stock is sold it is sold close to market conditions and if LRE was sold tomorrow it would fetch at least C$7.00 or C$8.00