Long Run Explor Ltd Ord WFREF

Profit

[CanadianJrs]

Quick question for those that know this stock more intimately than me. I've been watching oil as it's crashing looking for good sustainable companies with high dividends. Can LRE profit at $55 a barrel and maintain at least a 10% dividend or will it be just scraping by like most others...average cost of barrel production $47 barrel with most other companies. Thanks in advance!

[99999gold]

no

[johnathamilton]

I think Management needs to come out with a statement about the cash flow projections based on expected WTI pricing. I am getting a very bad feeling about this company - for instance why did the "Canadian dividend blogger" who was highlighting this stock until the summer suddenly just disappear? There was a lot of hyp on this stock and suddenly it's been like catching a falling knife

[UppersDowners]

I loaded up on this stock at $5.60 due to all the experts saying we were undervalued big time. Where are all those experts now??

[johnathamilton]

You own their stock - they shorted it.