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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by XKidon Aug 12, 2010 4:02pm
352 Views
Post# 17346132

RE: RE: RE: Q2 financial and operating costs disap

RE: RE: RE: Q2 financial and operating costs disapjust finished listening to the webcast. Lots of info, good to hear that the company will be forthcoming with updates now that they're going to be quite busy drilling. One thing that really caught my attention was around the 3:00 mark, when they expect Q3 production to be lower than Q2 production. I know they're shutting down a plant for a week, but wow for those who don't pay close attention will get a shock when they see Q3 numbers. The company really needs to get production up or they will continue to get punished, all kinds of potential here but they have to at the very least keep up to CPG in terms of %Percentage Production growth and by all means should be outdoing them quite easily. Plenty of value here, question is wether it will be unlocked or not. I will continue to hold.

Bullboard Posts