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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

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Post by madmax1970 on Dec 09, 2014 3:46pm

management

Good Afternoon,
 
We understand and appreciate your concern. Long Run is currently working on our 2015 guidance which is set to be released in mid-December. With the update, we will provide further information on the company’s plans for the next year in the midst of the current commodity market downturn. Management’s priority remains on running a sustainable business with a focus on maintaining production and not taking on additional debt.
 
Kind Regards,
 
 
Lauren Kimak
Investor Relations
Long Run ExplorationGood Afternoon,
 
We understand and appreciate your concern. Long Run is currently working on our 2015 guidance which is set to be released in mid-December. With the update, we will provide further information on the company’s plans for the next year in the midst of the current commodity market downturn. Management’s priority remains on running a sustainable business with a focus on maintaining production and not taking on additional debt.
 
Kind Regards,
 
 
Lauren Kimak
Investor Relations
Long Run Exploration
Comment by 99999gold on Dec 09, 2014 3:55pm
so basically you wasted their time with your email, good job. Way to add value by sending an email and getting a respond that you already know, is their anything new here with this email or you just like getting emails from them? You wanna help them? don't send anymore emails or even call - all of you, you're not going to get any info that help you either way. Don't waste their time ...more  
Comment by VentureCapital3 on Dec 09, 2014 4:58pm
I agree with you that it would change nothing to contact them. Perhaps, in this answer she's not talking about the dividend like LRE was previously always doing (quarter reports, presentations etc...). In her answer, she talked about maintaining production and not taking on additional debt. So, they will probably cut the dividend. I thought they were going to wait and see up to April 30, but ...more  
Comment by JohnJBond on Dec 09, 2014 5:05pm
Translation - Dividend is to be cut or elimated, and it will be announced in mid December (code for Dec 15)
Comment by 99999gold on Dec 09, 2014 5:52pm
Likely no div payment for December, there's goes my plan. 
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