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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"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

Lightstream Resources Ltd.
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Comment by ltrabson Apr 24, 2014 3:59pm
297 Views
Post# 22488135

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Short History

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Short Historyquote " Fact is, LTS is still vastly undervalued by a strict what are their assets worth sort of way, poor management or not. " 

This is what I don't understand. 

How can anyone say vastly undervalued when one considers our asset value decreased by $7  per share at Q4 2013 year end.  

Every time they sell  off assets for less then book u we will write off additional assets. 
Where will it stop ? 
Will there be assets enough to justify $6.50 or so.  

That's a tangible example of what management is responsible for. 
There are many more examples ... the list goes on and on. 
Bullboard Posts
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