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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 > SECTOR TURNING plus NICE YIELD plus GROWTH PRICING
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Comment by UppersDownerson Oct 14, 2014 4:13pm
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Post# 23027217

RE:RE:RE:RE:RE:SECTOR TURNING plus NICE YIELD plus GROWTH PRICING

RE:RE:RE:RE:RE:SECTOR TURNING plus NICE YIELD plus GROWTH PRICINGClosed at $3.62 which could have been worse. Where do we go from here? According to McCreay on BNN, LRE is in the middle pack of meeting their divi requirements at $80 oil and any more weakness could bring a divi cut.  Everyone said we were undervalued at $5.50 and we are almost $2.00 below that level. Our NAV was at $8.00 a few months back and if a buyer came in at $6 I bet we would take it.  
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