Post by
soundandfury on Dec 29, 2015 6:20pm
re: re: actually i dont think da chinese will buy
reflect iam just questioning da secrecy and we all know the americans hate to be upstaged by the chinese...................especially so close to home......................would not suprise me on bit if an american company ends up with lre...................else why on gods green earth did they cancel the chinese deal......................i can tell you why .................most of the bankers and debt holder are americans that why.
Comment by
Reflect on Dec 29, 2015 6:42pm
Like you soundand fury, I can't understand with the Cdn. dollar exchange why the Americans aren't more agressively seeking Cdn. Oil & gas acquisitions. There are big time profits to be made down the road & the market is ripe for the picking. Like they say: "Snooze you lose!"
Comment by
quesea on Dec 30, 2015 2:30pm
Actually most of the Debt is held by "Maple Marathon Investments Limited" a Hong Kong / Chinese holding Company. Talk about being pissed off, they're probably going to lose the full $590 Mil, considering LRE is a bankrupt Company that also has $100 mils in Reclamation Fiscal Responsibilities. Everybody South & East of Edmonton, all the way to Manitoba, is going broke FAST ! kc