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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 can1on Apr 09, 2014 10:15pm
439 Views
Post# 22433213

RE:the news--22-million new shares at $5.10--

RE:the news--22-million new shares at $5.10--I've been painfully dealing with the emegence of LRE as an up and comer. I do not believe it will drop to $5.25  The shares will be put into "A" accounts.  Good luck phoning a broker you barely know and getting any.  This is either a turning point in which LRE grows up and becomes a big boy in town or becomes  street worn.  Its been a slow journey, I like the big crosses we saw in the last month, I like the chart\ and  I like the support. 
  This might come out of the chutes tomorrow with strong support.
 Remember, Sprott controls a big chunk and National the main underwriters (house 80) absorbed plenty of shares this month.  I guarantee you they have a big say in where shares go. Add cormack and you have a well placed "friendly" offering.

  I feel a good run coming on.  Finally.
If not..... The Bill Andrews statue project in PEI never gets off the ground.

 $5.90 or $6.10.......
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