RE:RE:RE:RE:RE:Why Invest in LRE!Hey wilwal you gree with Shlinker: He Just stated that LRE has more debt than LTS & LEG or are you & Shlinker one & the same again.
"..'And LTS and LEG's chart basically tells the board your theories are garbage. And their debt level is much less than LRE's." Read more at https://www.stockhouse.com/companies/bullboard/t.lre/long-run-exploration-ltd#M40Xmc2y0zvWpF9M.99
You are a basher, not a LRE investor. You're only on this blog to cause havoc with lies & misleading info. Everything I said is correct.
SPE is sucking the life out of the properties. Prove to me I am wrong when I say SPE pumps 10,000 BOE/d; has 264,000,000 sharescommon shares out; and is trading 1.25 over book value. SPE is a little company with very few assets being pumped & suckers paying rediculous high prices for SPE.
Do your dd. That is fact & truth. In order to increase production they have to go out & buy properties & the better the property the more it costs. And as oil increases in price so do the properties - 500 mil is being generous & even at 700 mil it does not guarantee an increase of 10,000 BOE/d to 20,000 BOE/d. SPE pumps out a measely 10,000 BOE/d and has 264 mil common share out. This is ludacrous. This is a little company.
LRE pumps out 30,000 plus BOE/d & has valuable properties which you even said about Redwater being worth 500 mil. LRE has 193.5 mil shares out.
LRE is by far the superior investment. Spartan Resources is nothing but a "paper lion." SPE pays no dividend & has no future growth.
Wilwal (alias Shlinker) sell your SPE shares (its nothing but dead money) & buy LRE. Use your brains - you can buy 3 to 4 shares of LRE for every share of SPE & make big bucks. At SPE you are just sitting on your money praying Front Four & TD securities comes through in its take over of LEG like it did with Renegade & none of the big boys dump. They are getting worried. They are gonna dump SPE & you'll pay the price unless you are a pumper for Front Four.