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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 retiredcfon Sep 29, 2013 12:08pm
287 Views
Post# 21776389

RE:I see Eric Nuttal was on Bnn yesterday and again no

RE:I see Eric Nuttal was on Bnn yesterday and again no barney. I think you may be mixing up LRE with LEG. Nuttall hasn't issued a strong buy on LRE since 16 Aug 11 when it was trading at $6.45. His last comment on LRE was 24 Jan 12 when he commented how the company had missed on two wells and alieneated the investor base. As can be seen, since the company has turned itself around, we have picked up much more support from the analyst community, however, Nuttall isn't one of them (at least not yet). GLTA

LRE-T 2013-09-13 BUY Alice Tsang

Have purchased the old Galleon assets and have been doing a great job in the Montne area. Have a very large land package and also bought some Viking assets. Have been executing very well. The Montne position has very high liquid content. Likes the story. With the Galleon assets they own a lot of natural gas assets.


Price:
$5.210
Subject:
CANADIAN RESOURCE
Bias:
CAUTIOUS on METALS
Owned:
Unknown
LRE-T 2013-08-09 TOP PICK Martin Davies

Have 2 key formations they are focusing on to build their company’s growth, Viking in Saskatchewan and Montne. Those 2 allow very good capital efficiencies. Company is trading at a big discount. Very low debt to cash flow. Has great growth. Sees 25% upside from here.


Price:
$4.640
Subject:
CANADIAN ENERGY
Bias:
BULLISH on OIL
Owned:
Yes
LRE-T 2013-08-01 STRONG BUY Bill Bonner

Asset base is in the right place. Not too much money on a per-well basis to develop. 25k BOEs per day currently. Loves the story.


Price:
$4.260
Subject:
CANADIAN ENERGY
Bias:
SELECTIVE
Owned:
Yes
LRE-T 2013-05-21 WATCH Mason Granger

Self-financed. Oust-spending cash flow this year but they are coming around. Hopes he would be a shareholder in the near future.


Price:
$4.170
Subject:
OIL & GAS
Bias:
BULLISH on OIL & GAS
Owned:
No
LRE-T 2013-05-21 TOP PICK Josef Schachter

(Top Pick Dec 5/12, Up 3.10%) Trades very cheaply. Likes the mix. They are moving more and more towards liquids and will be at 52% this year. Thinks the stock is very, very cheap and management has really refocused the company. They have a dominant position. This company could be a target for acquisition by a larger entity.


Price:
$4.170
Subject:
ENERGY
Bias:
BEARISH on OIL
Owned:
No
LRE-T 2013-04-15 BUY Robert Lauzon

Starting to execute finally. Has gone through some name changes. It is all behind them now. He has been picking away at it. Can get to $6 but it is not the right environment for it right now.


Price:
$4.390
Subject:
ENERGY
Bias:
CAUTIOUS
Owned:
Yes
LRE-T 2013-04-11 BUY Jason Mayer

Large land base. Likes it. Have been exploiting oil play with top decile economics with Gas prospects. He sold out of it when things were looking a lot weaker.


Price:
$4.570
Subject:
RESOURCE
Bias:
BULLISH on NATURAL GAS
Owned:
No

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