Long Run Explor Ltd Ord WFREF

Kevin O'Leary Video on Oil Companies in Canada

[Piperdown]

This video is a must see for anyone investing in the Canadian Oil and Gas Producers. It is from BNN with Kevin O'Leary as a guest. He is predicting that junior Oil companies are going to "zero". I wouldn't consider LRE a "junior", but they also are not a "major". The video is very appropriate for all the questions we are asking ourselves daily, with this oil rout continuing. Check it out.

[Piperdown]

Opps. Hopefully it attaches this time.

[barneyj44]

Thanks for that ,typical of Oleary , throwing water on an oil fire, I believe he said companies like Teck were going to zero in 09 when it was trading at $4.00 and we all know what happened there, investment will start to flow into Canada at these prices, can't name a safer country to invest in (once you get past the first nations and enviromentalists)

[Piperdown]

No problem Barney. I thought it was interesting, but I didn't agree 100% either. Especially, why is he going long S&P at these levels. That to me is buying high. I am not into that. I want to buy low and sell high. I am not sure in LRE is a "go to zero" company, but they are more that Encana or Suncor for example. So I am not sure yet how I am going to play this oil rout. Whether