Long Run Explor Ltd Ord WFREF

Howie.....

[aaaaaargh]

To ignore a user, go into one of their posts, click on user actions.   Then click on "ignore user".   Unfortunately, lawmwcw is actually right about most of what he/she says.   It is just to bad that he/she has to take such a mocking undertone instead of using constructive structure.  
             To be fair though, some like reflect are just as bad on the other extreme of bullishness.   It is your choice whether or not to sift through the noise to find the information that matters.   I personally can see a little of both points.  
             I believe that Law is correct, that if oil does not go up sooner than later, LRE is in deep dodo.   They can sell assets to get some capital( for debt convenants), but it is not going to be at good prices when the company is on the ropes. 
             On the flip side, I believe that the reflect camp is correct that if oil prices do climb significantly, LRE is positioned to increase by multiples greater than many of their peers.    It all comes down to what you think is going to happen to the price of oil, and your risk tolerance.  
            NOTE:  I am NOT a current holder of this stock, but follow it as  I was a holder in Westfire for a time.   
              Sidenote:  Back in the day when WFE and Guide merged, Jodie Todie  and I stated time and time again that this growth by debt model was putting the company at significant risk...   I guess there is no more argument.....   All the best to those holding long, and hope things improve for my fellow investors....

[Iamwcw]

This post has been removed in accordance with Community Policy

[emmitt]

I agree that some of what Iamwcw says is food for thought. The problem is his delivery and his facts are sometimes correct and sometimes incorrect. That;s why everyone should do their own DD. I've said in the past that too much emphasis is placed on oil prices. I'm invested in LRE because I think NAtural gas prices will climb in the second hald of the year. The majority of their production

[johnathamilton]

Emmitt - agreed - unfortunately the derisive nature and personal attacks in Iamwcw's posts destroys the value that he could be bringing to the board. One gets lost in the flaming and the argument gets distorted. Anyway enough time on that. What makes you think that NG prices will go up in the second half? The storage build is now tracking the 5 year average (slightly higher). Unless there is