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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 emmitton Feb 12, 2015 7:52am
135 Views
Post# 23421135

RE:RE:RE:RE:major shareholders

RE:RE:RE:RE:major shareholders
I think everyone here thought the dividend would be cut and most were hoping for it. It wasn't a big suprise. I think you were the one predicting that the stock would never hit 1.15 again too, which it did.
As far as the Forex discussion goes you missed my point. I agree that US money will flow to CDN investments when the currency is favorable. My point is that it is not a pure forex play. There is a reason that LRE was chosen. They believe in the company and it's future. Your initial post made it sound like the money was simply going to LRE as a pure forex play.
I'm not sure why you are calling me a fool in regards to the slide in the cureency. I agree with you and I'm ok with the CDN dollar pulling back. I think at times your posting to reassure yourself and not to exchange ideas with other investors.
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