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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 UppersDownerson Dec 14, 2014 3:53pm
219 Views
Post# 23229190

Upside?

Upside?LRE has a lot more upside then the majors but is higher risk. I tell ya I can not see that more of downside here. If LRE were to sell tomorrow what could we get? Morning Star has a fair value of $3.90 and thaat is probably dirt cheap. In reality if a offer of $5.00 came in tomorrow it might be considered. I truly believe that you will never see a more undervalued company then ours. We could double in a couple of days where a major stock could never do that.  
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