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Bullboard - Stock Discussion Forum 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 Discussion

Long Run Explor Ltd Ord > Touching base....
View:
Post by can1 on Jan 22, 2013 6:43pm

Touching base....

Just in case shareholders are wondering whats going on with the share price lately, its simple. Non supporters of the merger  are selling their positions.  I don't think the next 3 months will be too much fun for longrun supporters.  Look at the 1month chart, not very pretty. Lower highs and lower lows......all bearish
Comment by barneyj44 on Jan 22, 2013 7:13pm
I would think most would of sold there positions in Nov. Dec. for tax loss purposes if they wanted out. I would of but it's in my Rrsp account.  If you look at most oil companies every share holder is whinning lately, even the almighty Cresent Point Energy Gang, our day will come (I hope). William Andrew purchased 30000 shares on Jan.11 @ $4.71, better a buy than a sell.
Comment by can1 on Jan 22, 2013 8:46pm
Barney  Most of the bigger shareholders had acb of less than 5.00. Shares sold in 2013 are taxed in 2013.   It will take a few months to weed out the sellers. This company does have great properties thru the aquisition. The method chosen to create this company has divided the two camps and therefore the share overhang.  It will be interesting to see if the new company can find ...more  
Comment by barneyj44 on Jan 23, 2013 12:16am
Some promotion by the company will hopefully see us to $6.00, westfire wasn't, good for me,hoping Lre will be better
Comment by JohnJBond on Jan 25, 2013 3:23pm
Idiot
Comment by can1 on Feb 14, 2013 2:04pm
So Mr cut and paste target prices. What price level is LRE at today? Closer to 4.10 than 6.50   IDIOT stick to cut and paste news
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