Long Run Explor Ltd Ord WFREF

Question for an adult

[Samdm]

Hi , can someone explain why they are not currently releasing the suitors name 

I understand they say they will but why not now 

-please no nut job answers

[Iamwcw]

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[Samdm]

Spoke with Lauren and she said they will release the name as soon as possible , they do currently have substantial oil and gas investments in Canada  The best she could say is it will be expained in the press release 

[Iamwcw]

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[ProBull]

Great question.  I think everyone should be VERY careful here.  Upside is only 10 cents if you wait till April.  Downside is 100%.  Take the money and buy TBE - has half the debt and same cashflow.  Upside is 50 cents.

[emmitt]

Take the money yes! Way better companies then TBE. 2016 will be areal hard year for TBE! There is a reason it's trading at 8 cents. Why would anyone want to survive this mess and jump back into another one.

[bullchart]

Yes, probably why TBE put it self on the block for sale at $.12 and trading down to eight today. This keeps going and you'll see $.02-$.03 on this one.   A little patience will pay off with LRE. The minimum value here should be just above the 200 day moving average or around the March 2015 low. $.60-$.65 is where I have it pegged at. So $.52 is a deal. Evenly spaced $.38 $.39 and $.40