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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 bosseon Nov 08, 2013 3:00pm
250 Views
Post# 21889785

Many interpretations on the LRE decision...

Many interpretations on the LRE decision...We will see in six months if it was the right decision.Lots of frustation because of the SP price drop but the main factor will be oil and gas price next year and nobody knows about it.
Sprott selling is a possibility but what is their cost and in my mind if they wanted to lower their position in LRE they would not sell in the open market!!
As somebody has told on the BB it is probably the growth/dividend oriented investors struggle and in a couple of weeks this will be settled.and the SP will adjust accordingly.
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