Lonestar Res Ltd New LNREF

RE:RE:RE:50 for 1 Reverse Split

[jerrybe]

It seems as if the US listing was not considered that important at the time. I am sure that if it had been a US listing (non-OTC) with a much higher price (and lower number of shares outstanding), we would not be in such a hole. Director buy is always a plus indeed.

The stock has not seen any rebound since the beginning of the year while many others have. The jump in crude might get some fire under this stock. I still believe it is an excellent entry point for anyone wanting to place a bet on the recovery of oil prices.

I like many of the small Canadian names (e.g. SGY, BXE, AAV, etc.). They are all showing relatively good results and reserve reports. Setting my money for the next upswing, it might take a while but you have to invest when prices are low and right now, they are low!