Long Run Explor Ltd Ord WFREF

RE:RE:RE:RE:RE:no reason to make haste

[mohsin6]

Granted mistakes were done. Granted they overspent on buy and overpayment of dividend.  Granted they were way ahead of themselves.  When sh it hit the fan they realized the fan is not working properly as oil is now drastically too low, they realized massive debt wont free them from the bind.  the initial offer was a proposal which could have worked if it was done early but those investors and beaucracies lingered for the drastic oil price to come down.  Ultimately our price was so below the gutter and thats what the chinese do best.  They look for bargains and know when a company is falling into pieces do to lack of funds.  This is the world we live in.  I belong to a canadian company where we now let go everyone and hired all our accounting staff in India.  So which is more worse a Canadian company where most of the staff works abroad or a chinese company in Canada but all the workers are Canadian.  This is the world we live in because Canada needs investment funds to support our resource sector.  Blue Collar your analysis was spot on!
I cant comment on the others as it is a lot of garbage.