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Long Run Explor Ltd Ord WFREF

"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

Comment by 99999goldon Jan 26, 2015 9:05pm
218 Views
Post# 23365860

RE:RE:RE:RE:RE:Congrats Gold

RE:RE:RE:RE:RE:Congrats Gold
bigbird456 wrote:
how is ath dead money ? As they have zero debt and by march over a billion in the bank. Thays better than 90% of the oil compaines today. As when hanging stone is completed they well be produceing 30000 too 60 000 just of that. Not too mentione they have 9 billion in proven reserves and the most sought over properties in albt . K lets call this dead money then lol


and yet the stock is at $2? why not 3/4/5/6 

1.2b in cash yes they do have that and that's =2.25/30, how much are they producing now? not 30k barrels a day. It's not all roses with that company that's why the chinese back out right - anyways don't care for it, you do because you've got a position on it. The easy short on it has already been made so no point for me to do so. 

but whatever man, I'm not shorting that stock I'll scalp it for 10-20c if I can make 2-3k on a trade when I see a signal but it's dead money right now at least to me, ok to you it's not fine. what's the range on it 1.95-2.03 and the vol is not even there to make it run 

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anyway you don't see me peddling my longs bc I don't want anyone here to buy into it until I build it up some more. 









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