Long Run Explor Ltd Ord WFREF

RE:RE:RE:RE:RE:the guy looked tired

[Reflect]

I agree qwqw but in my experience whenever I see a company do share offering to pay down debt it is not a good sign. The only monies available are at the expense of the shareholders through dilution. There is no borrowing available. It's more like just buying time.

LRE still has 500 million debt with the same assets but we shareholders are now so diluted relative to the debt & assets. Sure; if you love the fudged market cap, things can sure look rosy. They still need to go out & borrow to grow. I cannot see the dividend being reinstated & that is why I'm having a hard time understanding MIE's thinking. Surely, a mass accumulation at these low share prices & then a take over bid is more beneficial for future growth & prosperity. And LRE does offer this. If Sprott wishes to stay the course they can buy back in with the new company. I see very little future with Bill Andrews at the helm.

Bill Andrews horrible appearance on National Television actually hurt LRE & I cannot believe Sprott Resources cannot see this. It's like listening to Eric Nuttal who is a part of the Sprott organization running down LRE. What kinda of BS is this. With supporters like Bill Andrews & Eric Nuttal who needs enemies. TD Securities must really love them.