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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 > Series of articles explaining tax pools
View:
Post by rbronte on Sep 03, 2014 3:10pm

Series of articles explaining tax pools

https://oilandgas-investments.com/2013/investing/dividends-exploration-production-companies/

All three parts were infomative.
Comment by barneyj44 on Sep 03, 2014 3:22pm
I like our tax pools and dividend, just don't care much for the share price, kind of reminds me of a Meatloaf song Two outta of Three Ain't Bad, okay that's enough whining from me......
Comment by can1 on Sep 04, 2014 11:20am
Barney: LRE is a frustrating stock to own.  I had reservations from the begining about Bill Andrews stlye. He loves financing growth, replacing reserves with fast depleting wells and pay a premium. The debt will eventually choke them like it did Penn West.  I finally sold the last of my LRE today. I'm relieved.  I agree with the Globe article on divco's... The street does ...more  
Comment by barneyj44 on Sep 04, 2014 11:36am
Andrews sold 10000 shares last week , whats with that, I don't like all this debt, kind of reminds me of the gold companies a couple of years ago piling on more and more debt, look what happened to them when gold prices fell, same thing happening with oil...
Comment by can1 on Sep 04, 2014 1:18pm
The stock has broken thru every support level so far. Major selling. $5.01 and will break 5.00 today.    Is it worth making 8% when your investment is going down monthly?
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