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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 ltrabson Nov 11, 2011 2:45pm
367 Views
Post# 19230774

RE: couple nice upgrades today!

RE: couple nice upgrades today!
Any thoughts on what's happening to oil prices.  
With distillates in storage dropping so fast what are the americans going to do if it's a cold winter ?  
Last week storage numbers were extremely bullish: 
Crude down 1.37 m barrels  wk 4 nov.
Distillates down 6.02 m barrels wk 4 nov.  ... down 3.57m wk 28 oct, .. down 4.275 m wk 21 oct,  
Gasoline down 2.1 m barrels  wk 4 nov.  



Analysts so called 1 year targets are nuts. They're all spooked because the are  guessing  at future prices and can't get it right in this market. 
Very few analysts stick with the facts when coming up with a target.  IMO



Bullboard Posts