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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 Reflecton Mar 22, 2015 12:05pm
117 Views
Post# 23548473

RE:True Value of LRE

RE:True Value of LRE LRE shareholders: I sure hope now you can see how goldenegg is lying & trying to decieve you with fear tactics:

Book value is calculated by taking a company's physical assets (including land, buildings, computers, etc.) and subtracting out intangible assets (such as patents)and liabilities -- including preferred stock, debt, and accounts payable. The value left after this calculation represents what the company is intrinsically worth.

Thus, book value is calculated:

Book value = total assets - intangible assets - liabilities

Continuing: shorting is an illusion that there is an influx of more shares than there really is because the shares out is a fixed number. In order to be successful, the shorter depends on this tactic of fear mongering to get the true holder of shares to sell & thus the illusion can become reality & the shorter can feast on the prey.

With very little shares in trade it is surprising at little it takes to affect the share price. Inttrinsic to this scheme is the illusion that things are far, far worst than they really are.
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