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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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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 > Nat gas up. 22cents, it's a start
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Comment by bossuon Nov 06, 2014 3:58pm
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Post# 23103676

RE:RE:Nat gas up. 22cents, it's a start

RE:RE:Nat gas up. 22cents, it's a startWith the Q3 financial report which in my mind was very good I try to understand what is the problem with LRE. The only negative note we might have is the debt/cashflow ratio which is slightly 2.0 .But the production has increased to 34795 boe/d in the Q3 from 25613 in the Q1 which is a 36% increase .Price /cashflow is 1.40 !!! I have sold some at $ 5,00 a 7 weeks ago but now I have been buying back this morning at $2,79. Time will tell if I my decision was wright!!
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