GREY:WFREF - Post by User
Comment by
Reflecton May 26, 2015 9:29pm
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Post# 23767501
RE:RE:RE:RE:RE:RE:RE:RE:Crescent Point acquisition
RE:RE:RE:RE:RE:RE:RE:RE:Crescent Point acquisition Wilwal your posts along with your buddy Bossu are irrelevant & misleading. Once again because your obvious are an idiot or schizo.
LRE IS A LONG TERM INVESTMENT following a plan that is over a year to financial stability & prosperity. Day to day sp are meaningless. I gave you an example - Cenovus posted a 678 million dollar in the first quarter of this year. Does that make Cenovus a write off. Naturally they have a plan in place & are executing it to recover.
Almost all Cdn. oil companies have suffered because of the oil slump which is not a natural market correction & so ratings & sp's have to adjusted & long term plans have to be taken into account as to the company's direction & success rate as we come out of this phase as oil &NG prices return to normal.
Unlike TD securites & shorters we just don't throw Cdn. oil companies under the bus.
LTS & LEG were already in a downward spiral before October of 2014, LRE was not. Both have massive debts far greater than LRE yet you agreed that LEG & LTS debts are less than LRE. Why are you always lying. One lie after another. Tell the truth.
You also stated that the Redwater properties could easily eliminate LRE's debt & so LRE has a very, very valuable property let alone the others. So LRE can very easily be debt free if they were to act irrashly & sell the farm off. That they refuse to do because they -LRE are managing the debt & do not need to panic.
They are maintaing their future & I stated what Renegade did & now SPE is just dead money sitting there & the investors praying for a buyout or to walk in & steal LEG. Renegade's properties are being pumped dry & no one out there is interested in SPE. It is trading far, far to high above its book value. Investors there have gotten no dividend & SPE has been drilling & drilling to no avail & that is all there is 10,000 BOE/d &; that is coming to an end. SPE needs at least 500mil to 1 billion dollars to buy properties. At 264,000,000 mil shares how many more can they put out to raise capital for a 10,000 BOE/d company. It is a joke.
LRE's debt is manageable & is not struggling. They are right on target falling a course of success. You only post negative comments about LRE & always try to discredit intentionally with lies. You exaggerate & mislead.
Wilwal -Apparently you are one quite sick puppy.