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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

Post by can1on Jun 03, 2013 7:07pm
312 Views
Post# 21477863

Number one worry about LRE....

Number one worry about LRE....

 The fact the management has decided to keep quiet on results concerns me,however, I am more

concerned about the lack of insider buying at these levels. It tells you not one single insider believes this stock is undervalued. Its a bad sign when no one from within supports or buys shares at these levels. Look back at WFE, management consistantly bought shares to show its beief in the share value.

 We couldn't even get by the small wall built at $4.25 today, not good at all.

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