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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 > Ahh great to see nothing has changed, oil down less than .5% and were down
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Post by barneyj44 on Aug 19, 2013 2:30pm

Ahh great to see nothing has changed, oil down less than .5% and were down

4.6%, they really need to instill a dividend to get some credibility from the market
Comment by bosse on Aug 20, 2013 8:30am
Sprott should ''shaked the cage''and asked for an initial monthly dividend!! Last funds flows from the Q2 was 0,50 /share so a mere 0,05 / month would move the stock way higher!! the Q3 should be better in term of cashflow.
Comment by OneStar on Aug 20, 2013 9:47am
Would not be surprised to see a divident next year. In their August presentation there is some mention of investor demand. All comments on that page seem to point to a dividend. I guess they are trying their best to get the CF to a decent level so a dividend is sustainable. If they pay out 0.05/mth the stock would see $10 or higher in a relatively short order.
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