Bullboard - Stock Discussion Forum Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P

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

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Post by QUANTUMJUMPon Apr 23, 2016 1:58pm

Holy mother

If any of these posters had done any DD The money for shareholders will be paid out after regulatory approval is given (as noted 100 times by the end of April ) The purchaser also ...more

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Post by baskcha1on Apr 23, 2016 11:45am

wtf do these guys have the money or not

if they dont, we got ban them all from Canada. i say the do and the priv placement is std and would be done once approvals are in so we should here mon or tuesday that this thing closes soon or goes ...more

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Comment by Reflecton Apr 22, 2016 5:26pm

RE:RE:RE:highest volume trading day since March 1

The only thing LRE mgt. has made clear is that they are a bunch of two faced liars. Still hoping the deal with the Chinese falls through. Still find it hard to believe that the majority stockholders ...more

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Comment by QUANTUMJUMPon Apr 22, 2016 5:00pm

RE:RE:highest volume trading day since March 1

It is actually bordering on insanity , the news ?? raise up to 2.3 billion yuan ($354.06 million) in private placement of shares to fund project, acquisition, repay loans and replenish ...more

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Comment by yettaon Apr 22, 2016 4:52pm

RE:highest volume trading day since March 1

Still low vol for a penny stock. Just nervous retail investors after seeing news out of China and reading negatives into it cuz it's human nature to do so. Makes me laugh out loud - hold all ...more

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Comment by PUNJABIon Apr 22, 2016 4:45pm

RE:They still expect a close by months end

Why there is delay in the last approval & they are raising the money at the last minute. Only one week left they do not have the last approval & all the money to pay for the deal. I ...more

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Post by Hutupjuston Apr 22, 2016 4:43pm

It's good move, sold early @ 0.485 ~ 49 moved to "ATH"

not big deal seeking 0.52 since there is "in case"

Comment by QUANTUMJUMPon Apr 22, 2016 1:56pm

They still expect a close by months end

IR reply today was the same , they expect it to have closed by months end Guest on BNN expects it will close

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Post by uogradon Apr 22, 2016 1:42pm

highest volume trading day since March 1

No doubt some sellers are taking some dough off the table. For me .48 was too much too resist so I picked up another 20,000. Not sure this will close by the end of next week but don't think ...more

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Comment by richc3on Apr 22, 2016 11:56am

RE:RE:sold my 400000 shares

I sold out as well, but yesterday. Much of it related to opportunities elsewhere that I felt I was missing, but I also realize I made a good chunk of change from LRE and the remainder of what I ...more

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Post by Dannygoon Apr 22, 2016 11:44am

LNG project

The second file from Sinoenergy: They raise money for LNG project as well. LRE's LNG is one of their target. In the meantime, they also bet the crude oil will recover (their 5 years target)

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Post by robbie80on Apr 22, 2016 11:42am

I believe this is done deal

According to investment Canada Act, "If no approval or notice of extension is received within the applicable time then the investment is deemed approved." I think the application ...more

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Comment by Dannygoon Apr 22, 2016 11:18am

RE:RE:RE:sold my 400000 shares

If Sinoenergy raise money first and Canada Gov't say "no", What they are going to do with the money? Sinoenergy can raise the $ easily! They prepared all the paperwork ahead. The last ...more

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