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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"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

Long Run Explor Ltd Ord > Series of articles explaining tax pools
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Comment by can1on Sep 04, 2014 11:20am
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Post# 22905518

RE:RE:Series of articles explaining tax pools

RE:RE:Series of articles explaining tax pools
Barney: LRE is a frustrating stock to own.  I had reservations from the begining about Bill Andrews stlye. He loves financing growth, replacing reserves with fast depleting wells and pay a premium. The debt will eventually choke them like it did Penn West.  I finally sold the last of my LRE today. I'm relieved.  I agree with the Globe article on divco's... The street does not like them anymore, they want growth. Bill Andrews will crash this company onto rocks sooner or later.
  I wish you the best.
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