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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."


GREY:WFREF - Post by User

Comment by JohnJBondon Nov 26, 2012 3:47pm
440 Views
Post# 20645448

RE: good update

RE: good update

I see business as usual...........replacing depletion, and adding about 10-15% additional production per year.  Nothing particularly attractive on the business side.

 

The attraction is in the market valuation, which appears to be significantly below its peer group.   I think we will need published financial results to correct the underpriced nature of the share price  (That, and incraesed gas prices as the US weather cools, and storage declines drives gas inventory below last year's levels).

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