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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

Post by richc3on Jan 14, 2016 6:34pm
273 Views
Post# 24459984

Well...

Well...Ugh, I assume anyone holding on to this and hoping the deal will go through is certainly being put through the wringer (*raises hand*). Kind of kicking myself for not trading it, but that's the name of the game. For those of you hanging in there, what are some of the reasons why you expect this deal to go through inspite of the present doom and gloom scenario of the global economy, falling oil prices, CAD, and so on? How valuable is LRE -really-?

In any case, we'll see if we get a drop off tomorrow since most people are fearful of holding over the weekend, not to mention because of the Chinese markets, Monday is becoming synonymous with "Black Monday."

Hopefully we get some news soon on the waiver situation with the lenders as we close in towards the end of the month deadline.
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