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Bullboard - Stock Discussion Forum Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."

Bullboard (GREY:WFREF)

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Post by StockGuru2k11on Apr 25, 2016 9:07am

Everyone is loading up on WZR.v this week

BNN analyst calling it a 20 bagger from current level
Post by QUANTUMJUMPon Apr 25, 2016 8:43am

EXTENDED 30 DAYS MAY 30TH

https://www.stockhouse.com/news/press-releases/2016/04/25/long-run-exploration-ltd-announces-updated-timing-of-arrangement
Comment by QUANTUMJUMPon Apr 24, 2016 9:20pm

RE:RE:Should be this week

Yes , watch for the closing of the PP press , if you are too busy to monitor the share price will let you know
Comment by wilwalon Apr 24, 2016 7:58pm

RE:Should be this week

Highly possible.  I'm thinking that Sino didn't just decide to look for PP money on the week of the closing.  They had this funding already lined up conditional to all the approvals ...more  
Post by QUANTUMJUMPon Apr 24, 2016 6:19pm

Should be this week

Congrats to all who bought at lower levels 
Comment by BlueCollar51on Apr 24, 2016 4:28pm

RE:RE:RE:They still expect a close by months end

Long Run could not survive with $60 Oil how would they be able to turn things around with $45 Oil?   If this deal doesn’t close the most likely next step would be a CCAA Creditor Protection ...more  
Comment by darkstreamon Apr 24, 2016 3:39pm

RE:RE:They still expect a close by months end

LRE could probably turn it around themselves if oil got over $45 and stayed above -this deal is still in limbo and will not happen
Comment by baskcha1on Apr 24, 2016 10:45am

RE:RE:RE:Reading skills

i agree. the priv placement does not take long, unlike public share issues. they're getting the money by mid week for deposit by thurs; deal closes Friday!
Comment by QUANTUMJUMPon Apr 23, 2016 6:02pm

RE:RE:Reading skills

LOL "weasel clauses" have you read any takeover documents before? Go read BNK's if you want "weasel clauses"  $354 million to fund project,acquisition , repay ...more  
Comment by BlueCollar51on Apr 23, 2016 4:39pm

RE:Reading skills

Completion of the Arrangement is subject to various closing conditions, including receipt of regulatory approvals. Long Run and the Purchaser are diligently working together toward the completion of ...more  
Comment by baskcha1on Apr 23, 2016 3:57pm

RE:Reading skills

what if they don't raise the funds?
Post by QUANTUMJUMPon Apr 23, 2016 3:50pm

Reading skills

Changchun Sinoenergy Corp * Says it aims to raise up to 2.3 billion yuan ($354.06 million) in private placement of shares to fund project, acquisition, repay loans and replenish capital ...more  
Comment by baskcha1on Apr 23, 2016 3:30pm

RE:RE:RE:Holy mother

that's comforting.
Comment by uogradon Apr 23, 2016 3:24pm

RE:RE:Holy mother

If the PP doesn't close Sinoenergy lose their $20,000,000 deposit and all credability within the oil industry. Unlikely. A delay is always possible but unlikely it does not go through. If it ...more  
Comment by baskcha1on Apr 23, 2016 2:19pm

RE:Holy mother

what if the priv placement doesn't go through?
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