GREY:WFREF - Post by User
Post by
qwqwon May 09, 2015 12:38pm
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Post# 23711498
Friday's drop
Friday's drop
One reason for friday's drop was a negative comment from analyst Ross Healy.
https://www.bnn.ca/Video/player.aspx?vid=610001 (around the 3 min mark)
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His also commented on LTS.
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"The quality of its balance sheet is pretty good"????????????
LTS has 2.3 X more debt than LRE and only 25% more CF.
LTS trades for $57,000 / boepd and over $12 boe for reserves,
LRE trades for $26,000 / boepd and $5 for reserves.