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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 > Delphi sells 1230 bbls for 50 mil
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Comment by jerrybeon Jun 05, 2015 4:44pm
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Post# 23802421

RE:RE:RE:RE:RE:Delphi sells 1230 bbls for 50 mil

RE:RE:RE:RE:RE:Delphi sells 1230 bbls for 50 milSGY and PPY are quality names with low leverage. They are my two biggest positions.

I understand the difference between good quality and bad quality. Everything comes at a price. This one is leveraged to the tilt and I avoided it for that reason earlier this year.

Please enlighten me WCW...and I will just remember that you were pumping SOG.V...not quite the winner there but I will give you a pass. Give me three good quality names trading at bargain prices.

I give you SGY, PPY and CR. Not bargains, but quality names without being in distress.

They all need capital in order to grow faster but there is no urgent need to grow faster in such a commodity environment in my mind. 
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