GREY:WFREF - Post by User
Comment by
qwqwon May 30, 2015 9:37pm
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Post# 23781561
RE:RE:Sprott
RE:RE:SprottSPE, love 'em or hate 'em,who would benefit more from grabbing LRE on the cheap.
Half a share for each LRE share and they're off to the races.
Their $100,000 per flowing boe would drop to under $50,000,their reserves
would drop from $23 boe to under $10.Take an overpriced company, add LRE
and voila you have a reasonably priced company.
SPE's shares have been trading in a narrow range for over 6 wks.Looks like
they're getting ready to pounce.Who do they have in the crosshairs?