Long Run Explor Ltd Ord WFREF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell all or some.......

[Reflect]

Reflect wrote:
Printing a piece taken from Matt Smith’s article from 2/12/15 in The Motely Fool.
LRE is stable & slightly increasing when so many stocks are falling. Investors are finally beginning to see the great value in LRE – it’s that simple. Who’s selling (short coverage, idiots settling for peanuts, those easily scared & fooled etc.) it’s the fact that there are buyers. Eventually, the shares will fall into good hands – those that want to make money & LRE is on the rise. As the old saying goes "snooze you lose." Long Run's value is so under estimated - thanks to the continual bashing of irresponsible analysts. When looked at in the proper light - Long Run's potential is staggering.

“…However, more importantly for investors, Long Run appears massively undervalued in comparison to the value of its core assets; its oil reserves totaling 85 million barrels. After crunching the numbers and assuming an oil price of US$52.50 per barrel, Long Run’s reserves have a value of $3.20 per share net of royalties and after tax. This represents a premium of 170% over Long Run’s last traded share price, highlighting just how much the market undervalues the company in comparison to its core assets…”

https://www.fool.ca/2015/02/12/why-long-run-exploration-ltd-offers-considerable-upside-if-oil-rebounds/