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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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

"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 Reflecton Nov 17, 2015 12:02pm
99 Views
Post# 24297814

RE:RE:RE:RE:RE:CIBC/Nov17th

RE:RE:RE:RE:RE:CIBC/Nov17th
I definitely believe Long Run can rebound to $1.00/share as J. Schactner predicts with rising oil & NG prices. I don’t believe this will happen with the MIE deal. That is 100 million shares dilution (over 30% of added shares) but the real kicker is – the Chinese have shown themselves to be sleezeballs & have no face. They are a stench in the investment world & nobody wants to do business with the MIE group except for the pathetic old man (CEO Andrew) of LRE groping to hold onto his paycheck at shareholder sacrafice.

What really makes me laugh at these so called “experts” who to me are nothing but fools when they say:
“...The stock has an average rating of Sell and an average price target of C$0.88...”
https://dcprogressive.org/2015/11/03/cibc-lowers-long-run-exploration-price-target-to-c0-55-lre/

They on average recommend a sell & for you to take a huge loss & out of the other side of their mouths they say it has an average target price of .88 with a book value of over $3.00 – what a joke.
Easily LRE can jump to 55 cents (CIBC that's a no brainer) - just like that should LRE sell off some of their assets to pay down debt. As to the present situation concerning energy prices & the world glut - just about every company is stagnant. As far I can read, the Chinese are still building storage facilities 24/7 which now seems like this has been going on forever. Price increase will be slow & its going to be a while before stockpiles start depleting.
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse