Lightstream Resources Ltd. LSTMF

RE: RE: RE: RE: RE: RE: Nice call rim!

[poise]

Really - so you don't consider debt levels, strategies to improve liquidity, have a view on oil prices, analyze operating costs, consider that PBN also has nearly 20k BOE in Alberta, evaluate what production has been selling for, considering buyouts like what happened with Daylight, how management has performed in the past.....ok, buddy - you focus on the false rumours and assumptions made on a drilling pad in Saskatechewan.....hahahahhahaha - all the power to you. Guess some guys can be stupid and get lucky...."

 

Yes debt levels matter, drilling wells increases asset value like the Bakkens at Kisby, oil prices plus or minus$5 of  $100 for 2012, operating costs are 75% net of current oil price, dont care about Alberta, production with Bakken targets are $125,000 per flowing barrel of oil, all SE Sask producers get bought out, management are ex Tristar, Starpoint, etc people very experienced in SE Sask.

They have turned the corner based on their drilling success and the world is thirsty for light oil. Thats it.

Not lucky, just smart.