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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 > buy, dont sell
View:
Post by Shlinker_ on Jun 27, 2014 1:11am

buy, dont sell

Can1, i find it hard to believe your about to sell. Seriously. I'm not a delusional investor imho, and i truely think this is about to break to the upside. Im a buyer here despite the over-due market correction. I also think the company is done with all the land purchases, financing, and adding to the outstanding share count. Time to start producing, and we will. This is under-valued and sometimes Mr. Market makes us think a stock is going no where. Well I think this one is. Find me a better investment, and ill buy it too. This is a buy.
Comment by downkarma on Jun 27, 2014 3:46pm
It is encouraging to see LRE absorb the shares issued at a resonable price. It seems the market also believes the div is sustainable, but nonetheless this is not a growth stock, imo it will be a slow mover. 4 wells recently spudded: LONG RUN HZ 102 REDWATER 7-27-56-21      PRODUCTION - DEV (NC)    Well ID:  02/07-27-056-21W4/0  Fluid:  CRUDE OIL& ...more  
Comment by radar17 on Jul 03, 2014 6:03pm
Agree with you Schlinker - its a buy, picked up a bunch at $5.62 earlier this week for the same reasons you mentioned (also some ARE.TO, different industry - same principals) Good times ahead
Comment by barneyj44 on Jul 03, 2014 7:20pm
Lots of room to move to the upside, meanwhile collect a nice healthy sustainable dividend
Comment by bonjovi501 on Jul 14, 2014 3:22pm
Sold all my shares at $5.64 a few days back and bought them all back at $5.46 to make some beer money. A person has to play the game with the big boys sometimes. Glad I was able to get back in at these low prices as LRE is a solid company and the back half of the year will be good for all oil stocks IMHO. Lets go LRE!!!
Comment by barneyj44 on Jul 15, 2014 1:31am
Yeah, think it's a good idea to trade the stock for .20 cents here and there, adds up in the long run, judging by the posts on our BB I'm thinking a lot of the retail investors have moved on anyways, a lot of disgruntled stock owners . The dog days of summer are upon us as well so won't be much happening until fall...
Comment by nonvoyan on Jul 15, 2014 6:11pm
I did alright dropping a few covered calls at $6 a week ago at 10c a share...    Free money while I wait and collect the dividends...    Makes for a strong yield...  
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