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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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 > Insider support
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Comment by diesel80on Jan 26, 2015 4:08pm
377 Views
Post# 23364917

RE:RE:RE:Insider support

RE:RE:RE:Insider support
All depends on whether you are an investor or speculator. Speculators are causing all these wild swings in oil and oil/gas/oil service stocks. As an investor who thinks LRE can ride this low oil price out I will sit and wait. Bought another 3k shares today and I am ok if they cancel their dividend to conserve cash. I went through this with coal back in 2008. I took a beating on a couple of my coal stocks watching it fall from the dollar range to cents range. I doubled my coal holdings then under a dollar and held for 3 years and was well rewarded...more than a 10x return. I don't have that expectation for LRE but once the negative oil sentiment subsides there will be rebound and like everyone else I don't know when that is. I will just hold and see.
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Dealroom for high-potential pre-IPO opportunities