GREY:LSTMF - Post by User
Comment by
PeterWrighton Nov 27, 2015 9:42pm
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Post# 24333857
RE:first spyglass then long run exploration will be next
RE:first spyglass then long run exploration will be nextI think I would be a buyer of LRE before LTS. LRE is agressively trying to sell assets and should be able to greatly reduce their debt with the Chinese deal and a potntial future sale of Redwater assets. I think you can get 80 cents a share out of LRE. I'm just not sure what Wrights vision is for this company. He is a hard spot right now with more debt then assets.