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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 testy1on Mar 05, 2015 1:35pm
308 Views
Post# 23494136

RE:RE:RE:The loss resulted primarily from property impairments 300M.

RE:RE:RE:The loss resulted primarily from property impairments 300M.BMO has the company as an underperform with a target price of $1.  I'm not rushing into adding to my position.



JohnJBond wrote: I'm surprized the stock price did not rally on this NR.

I'm also surprized how many people don't understand the write down. 

The company took a one time 300 million dollar write down, and it still looks fine afterwards.






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