Long Run Explor Ltd Ord WFREF

Longrun vs. Lightstream

[forkliftguy]

These guys from Middlefield really tick me off . Most of their comments about companies on Market Call , I find just "Off the Cuff " , and without a lot of substance. The guest on today , gave the impression that Long Run has a similar debt amount problem as Lightstream . According to Yahoo Finance , Lightstream has long term debt of 1.4 Billion dollars , while Long Run has long term debt of 700 Million . 50 % is a huge difference . He also said that Long Run may have to sell off some of their best assets . I have never heard anyone from Long Run say that ! If I thought that Long Run's debt was unmanageable I would be long gone . I remember the debt of Dome Petroleum 40 years ago . I have held this stock for a long time ( remember Galleon ) and I fully expect to get all my investment back plus a tidy profit . Too bad I can't say that on TV and maybe give this drastically undervalued stock a boost .

[OneStar]

I totally agree with your comments. I think management is very prudent and also the price of oil will not stay here for ever. Comparing Long Run with LightStream makes no sense. LTS 's debt is a full turn higher then LRE. Give it another few months and I expect oil price to be stabilizedand on the way up. Too many cut backs world wide and US shale output will slow as well. We just need to get

[Systemtogo]

Funny he should compare these two. I was going to buy either LRE or LTS at the end of the day but decided on LRE. I also owned LTS about a month ago and made a bit of money on it.  I chose LRE today because it's a bit more stable. I bought in a couple of months ago at 1.30 and got smoked when it took its plunge that day and then bought back in again at a dollar and made some money back