Long Run Explor Ltd Ord WFREF

LRE Toast No Matter What

[indoubtgetout]

Remember, fund managers and stock promoters have one thing in common....they push what they like or own and many time for different reason. LRE has $600 million in debt and next to now cash flow at the moment. They need a miracle!!! If LRE makes it, they should change their name to Lazarus Energy!!!

[Reflect]

Do a little dd before you start yapping. https://quote.morningstar.ca/Quicktakes/stock/s_ca.aspx?t=LRE&region=CAN&culture=en-CA Name : INSTITUTION (62.66%) Shares Held % Total Shares Held Shares Change % Chg from Prior Port % Total Assets Date of Portfolio Sprott Resources Corp

[emmitt]

LRE has positive cash flow and have great hedges this year. Balance sheet/debt reduction is a priority. They do not need a miracle. They will be fine.

[baranja]

Those shorts are saying the same  for every single Oil company here. OIL, SGR, LTS, PWT,.. you name it. They all are going to collapse, hight debt, this and that. Same story on every single one.  Based on them, I don't thing North America will be left with single Oil company very soon.  They all gonna collapse and we will all live happilty ever after :)

[kylerollwagen]

emit - blah blah blah ignore

[indoubtgetout]

-600 million debt -likely significantly reduced room to borrow for capx = equity dilution - likely $50 million net CF for debt reduction and declining given a 30% decline rate in production - assets not worth much all equals bankruptcy like Connacher and others. Lets see your DD idiots!

[emmitt]

Capital budget fully funded from funds flow from operations, they have no plans on borrowing for Capx. You talk about DD but you seem to use the word "likely" a lot.  I think if you call investor relations you'll find your guess of $50 miilion is off as well. 

[tsoprano1]

emmitt, you need to put these dim bulbs on ignore. They are paid to scare off investors. Their bosses are short and getting scared. The short squeezes coming will put these paid idiots paychecks in doubt. Put them on ignore and sit back and relax. T

[ChiefCommander1]

This post has been removed in accordance with Community Policy

[thefabergegg]

they owe 700m+ get it right. if this pops to 1.15-20 guess what I'm doing? I'd like to see it a bit higher like to 1.50-2 then it gets really exciting. thanks shcachter, 3rd go around will be just fine with me. 

[ElJ]

Thefabergegg is correct on the overall debt(including WC deficiency), as a little basic dd can verify.....how about $739.6 million on Dec. 31, 2014. I expect that anybody projecting $0.70 cash flow for Long Run in 2015 has not done the calculations using 30K year 2015 avg. production at approx. 50% product mix and Long Run's existing  hedges....Q1 resuts will surprise to the positive side

[indoubtgetout]

Hope and pray. From all the research and I read and do, unless WTI and NGL pricing improves significantly from here, LRE's debt to cash flow ratio explodes and so does the company. There are allot better opportunities elsewhere...hey why not try Schachter bet on Petromanus pick...its only trading at 5 cents....bet high sleep in the streets!

[thefabergegg]

shachter has recommended a lot of losers, I don't know personally if he's front running everyone or on the other side of the trade but with LRE being beat up there's minimal harm at these levels. My guess is that he sold his position at 3.50 and bottom fished here and looking to get some of it back, nothing wrong with that kind of strategy. there's no way he's hanged on from