Long Run Explor Ltd Ord WFREF

RE:Ridiculous

[Reflect]

Exactly One Star: This whole deal stinks & Andrew & the LRE BoD are selling us out big time. LRE has very provable, predictable & valued added properties & assets. Either Andrew & the BoD are the biggest dummies going or they’re in cahoots with MIE to rob us blind & fill their pockets. I still find it hard to believe that Sprott, the Franklin organizations & other major fund & institutions are going along with this deal unless they got other plans. LRE is by no means in dire straits.
 
LRE could have easily boughten back shares for trinkets considering the small volumes & kept the share price from falling & being controlled by the shorters but they didn’t. Nobody’s selling in any volumes. Its just the same shares & shorting being boughten & sold & covered over & over again.  Who in their right minds would be buying shares & then selling at a loss, not once but over & over again, day after day. Talk about market manipulation. 'Cause that’ all it would be. LRE is not going up in share price, so according to the experts everybody that is buying LRE  sells at a loss & that is why they say the share price has fallen. You’d have to be a “Bozo” like some on the clowns that plauge this bullboard to believe this –  investors buy LRE to sell at a loss (I guess to claim a tax deduction).

That's why I opt for bankruptcy & liquidation & maybe there will be an investigation. In any case; I'll take my chances on the "book value" rather than "share dilution." How can Andrews justify a 50 cent reduction in share price for the Chinese for renegging on a deal. The share price should be raised to $1.50 or psss off. Andrew is just a pathetic old man & the BoD is following him.