Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"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

Long Run Explor Ltd Ord > picked up a few more
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(45)
•••
Comment by wilwalon Aug 07, 2015 8:28pm
141 Views
Post# 23999632

RE:picked up a few more

RE:picked up a few more There are two ways to make money here:  

1. LRE is highly leveraged to the price of oil. That is perfectly evident when you see the disproportionate correlation of the stock price to the price of oil.  If you want to place a bet on a recovery in oil prices, lots can be made from this level.

2. A bet that the MIE deal will close.

If both events occur, shareholders will do really well from these levels.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities