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Lone Pine Resources Inc. Message Board

  • plfblue7 plfblue7 May 2, 2013 12:14 PM Flag

    Shades of GMXR

    LPR is bleeding with little hope but asset sales. They just bought too much land to develop
    while NG prices were falling. LPR has some excellent properties but they need performance.
    There is no communication to it's stockholders and it will be interesting the conference call
    on 5/10 what they will say. There debt needs to be redetermined and there has been no
    communication on that. Since the IPO the stock has gone only one way and that is down.
    GMXR did the same thing the last year before bankruptcy by clamming up and not giving any
    of it's stockholders needed information. Now GMXR is in bankruptcy and trading in the .17
    range on speculation that something can come about on it's good properties that it has in
    its portfolio. As I say Shades of GMXR.

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