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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 soundandfuryon Mar 17, 2016 1:51pm

lre can still entertain higher offers if they come along

and if oil continues to go higher................well if i was the chinese i would hurry up and close this deal..............i think a 1 billion offer from a canadian company might change the outcome ...more  
Comment by QUANTUMJUMPon Mar 17, 2016 12:06pm

RE:if oil price was 75 dollars do you think the banks would

Dude it's over  shareholders voted for the deal 
Post by soundandfuryon Mar 17, 2016 12:03pm

if oil price was 75 dollars do you think the banks would

still be forceing this deal to go through......................at some point they must rethink this give away.
Post by QUANTUMJUMPon Mar 16, 2016 2:47pm

Opec/non Opec meeting April 17th

not willing to guess an oil price but over $40 is likely based on the meeting date 
Comment by Dannygoon Mar 16, 2016 1:48pm

RE:oil price may be 50 dollars by end of april

I consider this all the time. The chance is approx. 1% for getting better offer. You'll notice when crude oil went up, SP also went up slightly. If it happen, for me is like winning a small ...more  
Comment by QUANTUMJUMPon Mar 16, 2016 12:30pm

RE:oil price may be 50 dollars by end of april

Sino is in for the long game . I am gratefull for their order and was delighted to see they had put the $20 million break up fee intop an escrow acct Regulatory approval IMO is a given as all are ...more  
Post by soundandfuryon Mar 16, 2016 12:21pm

oil price may be 50 dollars by end of april

and then they might get a better offer................has anyone considered that?
Comment by Bookendson Mar 16, 2016 2:09am

RE:The irony is ...............

We all agree to it... And good thing for that... Shares will be taken out of our accounts and replaced with the promised cash and we will all be very happy and satisfied with the outcome... (expect ...more  
Post by QUANTUMJUMPon Mar 15, 2016 11:23pm

The irony is ...............

what you fear is why it will be approved 
Comment by wilwalon Mar 15, 2016 8:50pm

RE:RE:RE:RE:Similar Arbitrage situations

That is exactly the reason for the high discount in my opinion. It's not that the probability of closing is not high.  It's that the tiny probability of not closing is devastating.   ...more  
Comment by Bookendson Mar 15, 2016 3:36pm

RE:RE:RE:RE:Similar Arbitrage situations

Just trying to share an opportunity. But frankly, I really don't care where you guys are. I learned about SGC from someone else and figured it made more sense. So trying to share back. I'm ...more  
Comment by QUANTUMJUMPon Mar 15, 2016 2:18pm

RE:RE:RE:Similar Arbitrage situations

Just jump out now then , It actually sounds like you were just trying to soft pitch that other play
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