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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

Comment by OneStaron Mar 03, 2015 5:39pm
330 Views
Post# 23485909

RE:Longrun vs. Lightstream

RE:Longrun vs. Lightstream
I totally agree with your comments. I think management is very prudent and also the price of oil will not stay here for ever.
Comparing Long Run with LightStream makes no sense. LTS 's debt is a full turn higher then LRE.
Give it another few months and I expect oil price to be stabilizedand on the way up.
Too many cut backs world wide and US shale output will slow as well.
We just need to get through the next few months.
OS
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