Long Run Explor Ltd Ord WFREF

you dont say

[soundandfury]

the oil sector seems to be making a bit of a comeback..................many oil companies are no longer going concerns....................maybe sino energy is no longer a going concern either?

[QUANTUMJUMP]

Oil sector is making a comeback? No , no it is not  This press Friday after the close is a perfect example of LRE Refer to other posts which give empirical evidence they knew Wed

[wilwal]

Now you are getting to the heart of the matter soundandfury.  Not that Sino is not a going concern I'm pretty sure it is in spite of the opaqueness of the Chinese system.  However, Sino's exposure to the energy industry is significant, and now with a $2billionCDN market cap, they want to swallow a money losing firm with an enterprise value of around $700 millionCDN.  Just

[Reflect]

Wilwal: Once a fool, always a fool & that you remain. That is why the Human Rights Violaters Red Communist Chinese did not invest a cent into acquiring any percentage of LRE. How many times do they have to play you like a sucker before you catch on. Watch; these Communists come back with an offer of 40 cents or less with the complete blessings of the LRE mgt. who are in cahoots with them

[Scottie99]

This post has been removed in accordance with Community Policy

[Reflect]

Scottie99 I do not have any quelms with you but ask this? Who would pursue a billion dollar deal without first ensuring that the necessary financing is available & acquiring an interest in the company to make the deal credible. Three times in a row the Chinese have done this & yet LRE mgt. keeps persuing this direction because they have a personal interest in benefitting from ripping off