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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 OneStaron Mar 27, 2013 7:23pm
379 Views
Post# 21177585

insider sell??

insider sell??

I am confused why some one would sell now! An insider by the name of Thomas,Roger Dale sold 30K shares last week.

I wonder what is wrong. Based on the last financials I would expect stellar numbers in the Q1 2013 quarter.

My guess is that the DACF will be around $0.50 for the quarter. But based on the stock performance compared to say Crew enenrgy in the last week LRE is going the wrong way.

Absolutely no idea why this would happen. I asked if all was OK at the company but no response from IR.

To me it seems weird that a company with these assets and potentially great cashflow keeps trading at these levels.

Maybe someone can shed some light on this.

OS

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