GREY:WFREF - Post by User
Comment by
Reflecton May 28, 2015 9:45am
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Post# 23773340
RE:As a reminder of why
RE:As a reminder of why This is a quote from the Globe & Mail which implies that LRE mgt. is doing a good job. With the LEG sale to CPG I more firmly believe we are easily worth $3.00 plus. LRE's assets are desirable & coveted by the oil & gas industry regardless of the debt which can easily be erased if so desired.
That is why I say we are in a very good position & can rely on mgt. to make a good deal for LRE which will benefit the major investors as well as us small investors. I just can't emphasize how good an investment LRE is at these low sp. Where else can you get such value under a buck in the oil fields. Investing is about risks & rewards. LRE rewards far outweigh the risks.
"Although this company's net profit margin is negative, it is above the industry average and implies that Long Run Exploration Ltd is operating more effectively than other companies in the industry."
https://www.theglobeandmail.com/globe-investor/markets/stocks/summary/?q=LRE-T