Long Run Explor Ltd Ord WFREF

RE:RE:RE:Congrats Gold

[99999gold]

bigbird456 wrote:
umm isn't rrx in just as of bad shape with a lot higher share price. Didn't they had too just dilute the stock too raise money. Ath is your best bet no debt lots of money in the bank. I well still buy back into lre. See where the share price is Friday

RRX indeed do a bought deal and have you seen where the stock is at since then? That's a well manage company and with a growth profile to support it and min debt (< 1x cash flow). 

It has support at 6, don't know about upside but higher from where it is today I hate calling tops but I would say 10-11 if oil rebounds but it's not even well known out there so it's quietly moving up on its own beat. 

I don't own it but I know of it through a friend of mine so I looked it up and read the balance sheet and it's as good as it gets out there. If it pulls back to 6.50-6 I may buy a block or two of it. But I may not get that chance. 

ATH please stop peddling that - it's dead money, sure it may rally to 2.20-2.30 but its minimum at best. Trade it, scalp it whatever.