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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 Shlinker_on Jan 26, 2015 8:45pm
278 Views
Post# 23365780

SP

SPI can't explain this drop either. i really don't think its a bought deal, just to deal with the debt. They have the Redwater/Killiam assets and LXE they could sell prior to a bought deal down at this price. And LXE might turn out to be a diamond in the rough. They could also cut the divy entirely and use that to pay debt. Something else is happening....but i also don't think its a sale of the entire co. i bought more today regardless. Its a deal down here - this is stupid cheap.
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