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Long Run Explor Ltd Ord WFREF

"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

Comment by Shlinker_on Sep 25, 2015 9:18pm
146 Views
Post# 24137398

RE:shares of LRE

RE:shares of LRENinjadear, to answer your question, LRE needs 3 things, an asset sale, a rise in oil, and a rise in gas. Should they sell assets, even at a loss, it would help with current liabilities. On a seperate note, I truely fear the 1.30 financing won't go through. It just seems typical to me. It could all very well be a scam to make 1.30 seem like a great valuation, when even 2.00 is a terrible price. And LRE is sold for less than 1.00. This is the stock market, we all lose in the Longrun.
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