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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 bullcharton Dec 22, 2015 11:42am
134 Views
Post# 24404877

RE:RE:RE:Question for an adult

RE:RE:RE:Question for an adult Yes, probably why TBE put it self on the block for sale at $.12 and trading down to eight today. This keeps going and you'll see $.02-$.03 on this one.
 
A little patience will pay off with LRE. The minimum value here should be just above the 200 day moving average or around the March 2015 low. $.60-$.65 is where I have it pegged at. So $.52 is a deal. Evenly spaced $.38 $.39 and $.40 walls up at the moment with $.36 and $.37 support. I suspect there will be more of these smaller companies getting bid on and consolidating. BNK is also on my radar list for possible takeovers. 
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