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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 > True Value of LRE
View:
Post by goldenegg on Mar 22, 2015 11:51am

True Value of LRE

BS that its 800m, kinda convenient that he forgot to include the 739m in debt in his analysis. If you believe that his calculation is true then subtract the liabilities, simple and you get the number I provided per share of $0.35c/ share or roughly 67m market cap.

Wait I thought you wanted a lower share price so you can buy more?
Comment by Reflect on Mar 22, 2015 12:05pm
LRE shareholders: I sure hope now you can see how goldenegg is lying & trying to decieve you with fear tactics: Book value is calculated by taking a company's physical assets (including land, buildings, computers, etc.) and subtracting out intangible assets (such as patents)and liabilities -- including preferred stock, debt, and accounts payable. The value left after this calculation ...more  
Comment by goldenegg on Mar 22, 2015 12:12pm
fear mongering? you have to admit that your monkey math, consipiracy theories is what people should fear more.  how did I fear monger - the videos? yeah am the one that called and told those guests to say all those things. yes me, all me.  and as for your monkey math - let's addressed that, you think public companies are measured on book value alone? if that's true then every ...more  
Comment by Reflect on Mar 22, 2015 3:04pm
goldenegg: again you prove your stupidity. You don't even know how to read a financial analysis. Book value is a meaure of a companiy's net worth. As oil prices increase this value will also increase. When you invest you always look at the book value. This will reflect the company's performance & in turn reflect mgmt. etc. LRE is proven mgmt. that is why the major investors did not ...more  
Comment by Piperdown on Mar 22, 2015 5:36pm
LOL!!! Funniest line in awhile. "I wish there's a way to short your brain". Ahahahhahhhahhahaaa!!!!!
Comment by VentureCapital3 on Mar 22, 2015 6:16pm
one can do the opposite of what he does... so, in some point it is possible...
Comment by Reflect on Mar 22, 2015 8:42pm
Piperdown: the funniest thing I see is you associating yourself with little fart goldenegg. Oh well; two idiot farts in a pod.
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