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Bullboard - Stock Discussion Forum Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."

GREY:WFREF - Post Discussion

Long Run Explor Ltd Ord > took some off the table this morning
View:
Post by uograd on May 16, 2016 9:54am

took some off the table this morning

I just don't like the way this is playing out.  I think even if the news this afternoon is positive the stock is only going to back to .49 so taking some off the table at .46 is likely leaving 3 potential cents on the table as opposed to having this thing go to zero.  I can always buy back.

It would boggle my mind if Investment Canada does not let this go through but it sure is taking a long time and with CCAA the only option if the answer is NO, I feel much more comfortable with the Banker's deal closing which presents the same amount of arbitrage play.

Anyways profit here was awesome so sometimes it is prudent to leave a little on the table when the downside is so brutal.
Comment by QUANTUMJUMP on May 16, 2016 10:02am
Last press release said a 30 day review , under 30 days ago  longtime? As pointed out avg total review time is 74 days  our mom's all fed us hotdogs and sandwhich meats growing up they have now been confirmed to cause cancer , our moms did not hate us , simply misinformed 
Comment by yetta on May 16, 2016 3:58pm
SUCKAAA! Fasten your seatbelts!
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