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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 > re: uptick...dividend buying
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Post by Carlos66 on Aug 27, 2014 7:29am

re: uptick...dividend buying

Nuttal was quoted as saying...."Funny back in the day when we were called Westfire Eric said we were a table pounding buy and could see a $20 per share buyout, he's pretty fickle..."

The reason I think he said that he is not buying more/now  is that there are better growth prospects/fully valued.

carlos
Comment by barneyj44 on Aug 27, 2014 12:12pm
Yes , might be better growth prospects, for me I think were at or near the bottom finally and we can start a slow accent, the market will take notice after a few more positive quarters, I think our payout ratio is around 80% so below our peers (don't quote those numbers).
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