Long Run Explor Ltd Ord WFREF

RE:RE:don't listen to analysts

[canne]

There are a lot of moving parts here. LRE has hedged forward a good deal of gas sales as well as oil and the Canadian price of oil is not the WTI price. As well, with the Canadian dollar down, this is also an advantage for Canadian companies. We are in a full blown correction in resources (especially resource stocks) even as the American gadget and social media(advertising) stocks continue to go up. It is hard to reconcile energy prices falling in a real expanding economy.