Long Run Explor Ltd Ord WFREF

I'm not the only one that's bullish

[iwpete]

Franklin Templeton now owns 16% of LRE and almost 20% of TBE both of which I'm long.
P.S. I notice that some analysts are recommending the majors????  I've been following them and they have been selling assets, overall Chevron ESSO BP and so on, have sold almost 20% of assets.  That's what got me into looking around for another possible energy source, cause it's almost like the majors want to get out  of the oil business.

[ppp]

Don't mean to pump anything here, but check out LAC they are Lithium. Something I have been kicking around. Nice to see LRE management stepping up to the plate. 

[juniorbullalive]

This post has been removed in accordance with Community Policy

[qwqw]

Franklin disclosed it has increased its stake in Trican Well Service Ltd by 1.5 million shares some time in the last seven months and now holds 27.5 million, or 18.4 per cent of the stock. Over the same period, it purchased 16.4 million shares of Twin Butte Energy Ltd., a Western Canadian intermediate-sized producer that recently cut its capital spending plans and sliced the size of its monthly

[JohnJBond]

You can be sure Franklin had someone cross examine management, and checked out the properties before that person convinced others at Franklin that LRE was worthy of investment.   That would include an assement of LRE`s vulnerability to asset write downs etc.

[iwpete]

could be hitting a bottom for a while (whether it's final or intermediate)... look at the prices a real buyer is paying, it's painful. https://paalp.com/_filelib/FileCabinet/Crude%20Oil%20Price%20Bulletins/Daily/2015/2015-006_January_9_2015.pdf