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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 Oct 23, 2014 6:58pm
138 Views
Post# 23056484

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:stock price and performance

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:stock price and performance
darkstream wrote:
need at least $85 support price for any meaningful uptick


 

Too bad these guys weren't alert enough to place some $95 USD hedges  earlier this year... .  

They could have easily loaded up with 2015 hedging.  

 

I like what CPG say about selling their oil.  

They have hedges, above $95 USD for the most part. 

They have been very aggressive with shipping by rail. 

Last I heard, they were applying to export some canadian oil from US gulf ports.

 

I wish we had someone around who knew something about selling what we produce.    I guess Canadian universities  don't teach marketing to engineers and geologists ...  too bad .  

Our CFO should know, but he doesn't.  

So, we sweat the many crude / gas price swings. 
Rediculous

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