Long Run Explor Ltd Ord WFREF

The True Value of LRE

[Reflect]

What is LRE truly worth; total oil & NG production/day X 365 days X years ‘til wells run dry plus estimated production of assets & total years of production. Subtract costs to extract & bring the product to market along with the calculated margins of errors.
 
Market cap. Today is 135.4 mil. @.70 share. Estimated value 806.9 mil.@ 3.70 share.
 
By all accounts; which is closer to the truth. That is tangible oil & NG in the ground that the world wants & uses; not garbage or fictitious numbers that have no value.
 
That’s why I keep saying that CIBC has a hidden agenda & uses whatever source they can to belittle LRE. Investigate Renegade & you will see the pattern the big banks employ. After the fear & panic & market manipulation they bribe the CEO & BOD of the company under attack & get it for peanuts. And it is all perfectly legal in this corrupt system of law & the TSX.
 
Investigate Renegade & the take over by Spartan (formerly a penny stock called Alexander).

[goldenegg]

F for effort because you forgot one important matter in your analysis: subtract the 739m debt from your estimated value and you get 67m or $0.35~/share on 193m+ o/s its' pretty much same calculation as you'll do to calculate your net worth minus your liabilities

[hallgg]

You and your hidden agenda. CIBC, Dundee and all others are getting together to a conspiracy . Heavy claim ! How about that hey can see that management failed. I can not believe that you can not see that. Sure everybody parities when oil was at a hundred. These guy's took peoples money and was spending it like there was no tomorrow. I kept telling my son-in-law to put money away for a rainy

[Reflect]

LRE BULLBOARD: LOOK AT HOW THE LITTLE FART GOLDENEGG & NORTHWESTCOAST are pumping TGZ. What does TGZ have to do with LRE & oil. That's a hidden agenda. A two bit gold stock in Africa & using the LRE bullboard to pump it.  

[goldenegg]

laughable - how did I pump it? yeah no you're just desperate to prove theory of undervalue and everyone is conspiring.

[Reflect]

hallgg: Have you studied Renegade (RPL). Surely, there must be someone on this board who has owned RPL & fell victim to the manipulation of the stock & mgmt. sell out. LRE price is due to the fall of oil & market manipulation of influx of imaginary shares & fear mongering. It takes so little to drive the price down but at play is the illusion that things are far, far worst than