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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 Oct 01, 2014 11:56am
235 Views
Post# 22986854

RE:RE:RE:Wright killed this whole company by talking up Swan Hills

RE:RE:RE:Wright killed this whole company by talking up Swan Hills

Well,  what did we expect ?  

Problem as I see it is, lack of an update. 

Markets were expecting announcements that they have figured out the cause of their operational problems announced at Q2 reporting.  

Until they stop bungling operations,  how does one evaluate the assets ?  

As it now stands, this is all we know ..... 

quote  " Due to results from certain Swan Hills, Brazeau area Cardium and non-operated Falher wells, we are adjusting our 2014 guidance to reflect current expectations. Capital is being lowered along with average and exit production estimates.  "  

 

Bullboard Posts