Long Run Explor Ltd Ord WFREF

it would appear

[soundandfury]

that what we have here is a management team that does not believe the price of oil will stay low very much longer.   They will wait this downturn out and who knows maybe they will be right.........................owning commodity stocks has always been a cr ap shoot.................why should this one be any different?

[JohnJBond]

This managment team has hedged a large chunk of their oil sales for the first half. If I remember correctly they are much less hedged in the second half.      This is consistent with those who think oil will rebalance. I think you'll find just about all the share buyers believe as management does, that oil is on the way up.   Oil has rebounded nicely so far in the first

[kylerollwagen]

well said john and your right , too many id iots on this board

[tsoprano1]

How true. I don't mind dissenting voices but when the agenda is so clear, it gets old fast. I have read enough boards to know when someone is doing the soft bi tch slap. But it is nice to see a few good posts again.  T

[kylerollwagen]

the soft bi tch slap lol so true yawn

[thefabergegg]

@JohnJBond - the fact that you're still trying to justify an investment in LRE, buy into it or hold current position why don't you admit or offer a mea culpa that your investment thesis were 100% wrong - the share price tells you that. The play was to get sell or short it at 3-2 heck even 1.  I'm waiting...