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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 Reflecton Jan 08, 2016 7:26pm
153 Views
Post# 24442153

RE:RE:RE:RE:RE:sprott

RE:RE:RE:RE:RE:sprott

In business dealings; one cannot be “fed” up & simply want out. The CEO & BoD have  fiduciary obligations & will follow through or resign if they believe they can be of no more use. Their prestige, honor & competency are on trial here and investors all over Canada are watching. Bankruptcy is no simple matter or is decided quickly.

The 7.5 mil (a very significant event) that happened on Nov. 30, 2015 had to be initiated & thus, whoever these people, organizations, companies etc.:

  1. would have to know that the MIE deal was being reneged as suggested by some on the board & was (were) absolutely unaware that a new deal was in the making or;

  2. decided to take a substantial loss & sell even though a deal was in the making with MIE or;

  3. they relied on their physic powers & the herd mentality took over & sold. They would not sell when LRE was higher but now all chaos breaks loose & these people etc. sell at far lower prices because they have no brains. Give me a break.

There isn’t even a deal, but BlueCollar51 has summoned up all his physic powers & says it’s a done deal. The little man in his brain cell tells him this & everyone should listen. I think LRE’s share price speaks for itself & what the market thinks of the little man in BlueCollar51 brain cell. If there is a deal & we are just waiting (no circular, no vote etc.) please post.


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