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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 wilwalon May 29, 2015 9:10pm
170 Views
Post# 23780100

RE:RE:RE:RE:RE:RE:RE:RE:WTF

RE:RE:RE:RE:RE:RE:RE:RE:WTFAwesome to get an intelligent post on this board iwpete.  They are few and far between here.

It will get all sorted out around $70-75 and will likely decline as shale gets more efficient.  That's why conventional companies like LRE have to get tough: get rid of debt and put the screws to cost.  
With no action here, we are headed for .50 and will stay there until management wakes up that the oil world has changed and they must change too.   Just look at the debs: at $60 it speaks volumes.
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