Long Run Explor Ltd Ord WFREF

RE:RE:RE:RE:Long Run vs. Spartan - My take

[Reflect]

I will not argue with your take, it does have merit. SPE has not grown. John O'Connell flat out lied on BNN & that idiot for an inteviewer doesn't even question the lies. First & foremost I have proven that SPE's increased production was due to RPL's assets which they did not drill or pump to make the sweet deal with Thomas Budd. There still has to be an investigation. This is poor market manipulation & thievery.
Secondly, John O'Connell stated that he has talked to SPE mgt. & they are just looking & really aren't gonna put out any money which was their intentions all along when taking over RPL. Suck RPL & get rid of the drying wells as they depleted. What a great marketing job.
Surely, even you cannot believe you are going to get 9,600 BOE/d oil for 200 million dollars.

Now my take: Frontfour & SPE or Rock Energy. They want LEG & so why not disrupt the process. Surely, CPG must have had the votes & the backing of the majors before they went public & stated that it was a done deal. Frontfour at the time never said a word so one can only assume they were on board. Watch Frontfour carefully; I say study Renegade, the tactics are the very same.
Should the deal between CPG & LEG fall through; I can see CPG dumping shares along with others driving the price down (in fact that is why the price went up because CPG was accumulating shares for its takeover) & there be Frontfour licking the chops - and the other insitutions such as TD snoteaters right on board to reap the profits & the small investor gets hosed - Yanko & the BOD will agree 'cause all that matters in the end is that they are well taken care of. Ask ole' Thomas Budd on his throne at SPE.