Long Run Explor Ltd Ord WFREF

EXTENDED 30 DAYS MAY 30TH

[QUANTUMJUMP]

https://www.stockhouse.com/news/press-releases/2016/04/25/long-run-exploration-ltd-announces-updated-timing-of-arrangement

[TisGrandpa]

This post has been removed in accordance with Community Policy

[Bookends]

Sons of *****s! Anyone cares to speculate as to why they would need to extend this ? Granting the purchase seemed like a very obvious decision to take, in my opinion. What gives?

[wilwal]

Simple.  Bureaucratic incompetence.  Could be political interference with the new government not wanting to look like they are rubberstamping Chinese buying up Canada.

[QUANTUMJUMP]

got the hard one "Approval of the Arrangement has been received under the Competition Act (Canada)."

[QUANTUMJUMP]

Back to those reading skills , Have an awesome day guys

[wilwal]

I don't know of anyone concerned about the Competition Act approval.  LRE is a drop in the bucket in the oil business so this takeover affects nothing on a competitive level.   Foreign Investment approval was always the less certain one, particularly when it is really a political act rather than an economic one. 

[QUANTUMJUMP]

except for the fact the company already has operations in Canada Net benefit to Canada? Yes I have a stink bid in so I cannot fight myself

[Reflect]

Not everyone in Canada is a traitor willing to kiss the Communist Red Chinese rear ends. The Communists of Red China are the scourage of the earth just like the nut cases in Iran & North Korea. Red China is a state financial monopoly & LRE mgt. & the Lenders are selling out Canada - SHAME - these people are traitors.

[Bookends]

Had LRE not been so undebted, this would not have happened and they would not be in this situation right now.  Blame the low interest rates pushing companies and individual to over leverage themselves. The Chinese are simply more responsible than  Canadians when it comes to debt and leverage and they can take advantage of it.  It's a shame Canada is loosing interesting assets,

[Reflect]

Everytime I have no choice but to buy poisen Chinese food products because the Chinese have squeezed everybody else out & retailers carry Chinese products because of the higher profit margin I want to puke at dumb Cdns. There isn't a square foot of Chinese land or a cubic foot of air over China that isn't laced with chemical poisens & heavy metals & you feed those absorbed

[Dannygo]

Reflect, Have you ever been to "Red China"? Most media in North America talk negative things about China mainly because China is a threat for them. Yes, some China things are not good mainly because the importer pay super low price. The importer (Walmart, Canadian Tire etc. ) take advantage of China's cheap labours, cheap industries. These importers cause the pollution and the media

[Bookends]

Listen, I understand your issues with the Chinese and about our manufacturing being uncompetitive with China... Their lack of regulations, unions, fair labor laws, general environmental concern and lack of general human emphaty and equality is something to be concerned with. That being said, there is no point in becoming racist. All I'm saying is that China is in a position to acquire

[Reflect]

I am proud to say I hate the Totalitarian Butcher Communist Govt. of Red China who support the Lunatics in North Korea & who supported them in the Korean War in which thousands of Cdns. were killed. There is absolutely nothing good about Red China. It is a Communist country run by a totalitarian govt. who should be prosecuted for "Crimes against its own people and humanity."

[Bookends]

They should concentrate on the issues regarding the housing markets in Vancouver and Toronto... Actually affecting the quality of life of many canadians making those market unafordabe... This is just plain dumb... Trying to look like we don't want the Chinese saving badly managed energy compagnies and saving the implicated jobs and bad loans involved... As if Alberta doesnt need a hand from

[darkstream]

ain't going to happen -