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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 Thanksforplayingon Dec 05, 2014 9:06am
380 Views
Post# 23198594

RE:shorters dream

RE:shorters dreamI agree with this completely.  Lre is the first stovk guys would sell to buy more of bigger tier oil companies.

but at some point one has to say enough is enough.  At a buck this has a 200 mil mkt cap!  They aren't going bankrupt in the next few years ( unless oil stays down here for 5 years which it won't)

you ou would think at some point someone would love to swolllow them up at a 400 mil mkt cap.  After 5 years of not paying the dividend they would own the co for free.

we need the Chinese to come in here and buy one or two of these companies.
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