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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

Post by Frediboyon Dec 13, 2014 1:19pm
294 Views
Post# 23227573

Keep the faith !!!

Keep the faith !!!
They will cut the dividend and start an agressive buyback program. What is the point of spending the money anywhere else when you can buy your own shares 0,20$  in a 1$ . With this kind of volume they could buy a significant amount of share daily. Its not time to try paying back debt. They will just pay the minimum and keep the money as a cushion..... Prety much everything is hedge till end of december , you can easily find those information on sedar.com wich is the reference website. In the past ,fortune has been made in those kinds of crisis and i am pretty sure this one ain't different ....
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