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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 BlueCollar51on Jun 03, 2016 2:41pm
129 Views
Post# 24932434

RE:Changchun Sinoenergy up 6%???

RE:Changchun Sinoenergy up 6%???
yetta wrote: Hmmmm, I wonder what, if anything, that means??? Exchange was up only 0.5% but Changchun stock was up 6% on BIG volume. Stock price now ABOVE their share offering price of ~18.80 yuan. Probably some big news over there but only a select few people know it. Next to no disclosure rules there. Such a clown show in China!


Could it be this?
 
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.ca&sl=auto&tl=en&u=https://www.snencn.cn/finalpage/64.pdf&usg=ALkJrhhGPr2EVcE9JMViXmPHWfbZbbHH5Q
 
 
I honestly don’t what to make of this (good or bad news) but combined with some of the other stuff I have seen in the other “Google Translated Chinese” documents I have had a look at on the Sinoenergy website https://www.snencn.cn/index.html  my “gut feeling” is that the financing for this offer is a bit “uncertain”.
 
Google Translate leaves a lot to be desired and the translations are a bit garbled to say the least.
 
All that said although I don’t foresee any problem with Investment Canada it was enough for me to decide to take a “risk free” 55% profit and move on.
 
GOOD LUCK to all that chose to ride this out!
 
As Always; Do Your Own Due Diligence; It’s Your Money !!
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