Long Run Explor Ltd Ord WFREF

Eric Nuttall

[retiredcf]

LRE was one of the stocks that he indiscriminately sold a couple of weeks ago due to its debt to CF ratio. As can be seen, his comments haven't changed since the last time he was on. He does not, however, see the dividend being cut anytime soon despite the fall in oil price and although it is now above 11%. Last stock in the clip. GLTA

https://www.bnn.ca/Video/player.aspx?vid=469816

LRE-T

2014-10-17

DON'T BUY

Eric Nuttall

120% payout ratio. They could dial back Cap-X spending. The price of oil would have to stay back for a couple of years in order to cause a dividend cut. / Be the first to comment

Price: $3.570 Subject: OIL & GAS Bias: BULLISH on OIL Owned: No

LRE-T

2014-08-25

DON'T BUY

Eric Nuttall

Safe if you are a dividend investor. The perception is that their plays are not ‘A’ quality. A recent acquisition put LRE-T shares in the hands of investors who may not want to keep them. Wait 3 months for them to finish selling. Prefers others. / Be the first to comment

Price: $5.330 Subject: OIL & GAS Bias: SELECTIVE Owned: No

[barneyj44]

I believe you have it wrong there, I don't think Nuttall has owned the stock since the Westfire days when he was touting it as a $20.00 stock at take over offer, and than became disenchanted along with many of his other picks. I'm very aware of that because I bought in back then.

[Al42]

I agree, I don't think he ever owned the stock.

[barneyj44]

He owned the stock but when it was Westfire.....

[Al42]

Yup, but not when it was LRE.

[barneyj44]

[retiredcf]

It wouldn't be me that was wrong but him. If you watch the link, he claimed to have sold it very recently. GLTA

[barneyj44]

Okay , either way I don't for his style or methods....