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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 > CIBC/Nov17th
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Comment by Reflecton Nov 17, 2015 10:32am
106 Views
Post# 24297447

RE:RE:RE:CIBC/Nov17th

RE:RE:RE:CIBC/Nov17th
Clement3: You are taking J. Schactner's target out of context. Schactner's targets are based on oil & gas prices & does not take into consideration the 100 million share dilution if LRE follows through with the deal with MIE. The MIE deal will hurt Long Run Shareholders with share dilution & future market investment.

CEO Andrew is a tired old man who has lost face & demonstrated weakness with the Chinese & investors see & know this. The MIE group demonstrated to the investment world that they lack confidence in LRE & cannot be trusted to follow things through. In other words, MIE & CEO Andrew & the LRE BoD have made fools of themselves.

MIE is a bad deal for LRE shareholders. I would rather liquidation than dilution.
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