GREY:WFREF - Post by User
Comment by
Reflecton Jun 15, 2015 7:24am
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Post# 23830082
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell all or some.......
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell all or some.......Wilwal & your little friend in your head Shlinker are nothing but Spartan Energy Brainwashed monkeys. You lie, twist, distort to decieve small investors into believing LRE mgt. is doing a lousy job & to seduce people into selling at a loss.
You want to steal the agenda. No person invests in a stock & then bashes it & critizes mgt. unless they are a shorter & want to ruin the stock. You are seeking a free platform to spread your lies, distortion etc. You are brainwashed Spartan Energy Monkey in love with your guru Eric Nuttall.
I praise LRE mgt. for doing a good job & LRE is being maliciously attacked unfairly in the media. LRE is easily worth $3.00/ share & is in line with its book value & many analysts. LRE pumps out 32,000 BOE/d plus & his well within its share limits of less than 200 million shares. LRE's debt is being taken way out of context & is manageable. In order to grow, a company has to invest money & this money comes from the market either by shares or the many other instruments & other terms of borrowing agrreements. Mgt. cannot be scared to borrow money in order to grow.
I am long on LRE & encourage others to invest in LRE. I post positive truthful things about LRE & do not make up things & spread rumors. It is you & all the aliases you use I'm sick of with your lies, distortions etc. And it never stops. You relentlessly bash LRE & never quit.
Spartan Energy is the best example of a stock that is way oversold; pays no dividend & has no future growth but brainwashes its investors into believing SPE mgt. is doing a good job. SPE mgt. has not sought or invested in growth but hangs onto & exploits Renegade's assets. They are scared to invest in the future & John O'Connell pretty well said this on BNN.
From what I understood from the interview on BNN - Spartan Energy is not actively seeking new acquisitions but if someone were to give them something for nothing they'll take it. Good acquisitions cost big money. SPE's only hopes is to prey on gullible brainwashed investors & make back room deals with weak suseptable CEO's who will throw the small investor under the bus for a buck. This is what the brainwashed investors at Spartan Resources call a strong mgt. team. What a joke.
Buyers didn't looked at Surge Energy NAV when they paid 430 million dollars for 4,750 BOE/d production. All Surge's debt means is ownership liens etc. in Surge. The property worth is there - the only thing is the distribution of the paid monies to all the owners for the properties & clear title. By ownership I mean liens & everything else. Just because you purchase a house doesn't mean you own it outright if you take out a mortgage. You own the equity in the house that you paid. How can anyone praise Surge Energy Mgt. for taking the company to the brink of bankruptcy & is forced to sell a major core asset to stay alive & it still pays a dividend.
LRE has suspended the dividend even though they knew this action would drive away investors & has saved itself 40 million dollars. A very good & frugal decision worthy of praise not critizism by Eric Nuttall & the likes. LRE mgt. is cleaning house getting rid of quote "non-core assets" unquote. Another very noble action.
This is not to say that LRE will not sell a core asset. Everything is for sale if the price is right. At the present time LRE is not actively seeking or has sold any major asset. Production rates are right on target.
In short, LRE mgt. is applauded for doing a great job & addressing the debt & future growth in these troubled economic times in the oil & NG fields. LRE is a great investment with great rewards.