Lightstream Resources Ltd. LSTMF

RE:RE:RE:RE:RE:RE:Wright sizing

[jerrybe]

You are right darkstrean: Any non-tendered proxy is an automatic yes for management's proposal. 

That is why it is so important to vote in those proxy elections.

I truly hope that come April 2015, individual shareholders will vote against management and the BOD. It is incredible that they all got a pass this year. I voted no but I guess the stock was seeing a nice rebound back in early May...

I heard the CC and stopped after one hour...I guess I missed out some of the best "roasting" out there but it made me sick to hear JW immediately hide behind the board..."Ahh, when it comes to dividend policy, that is a board decision..." come on, you truly believe that the board has any say in this firm. They are completely captured, how on earth would they be able to pull off no management turnover since IPO despite a more than 90% drop!!?!??!

Swan Hills: By management's account, a drilling f@#@ up!

Cardium: Five wells compromised in Q2 alone...and two of them cannot be recovered due to cracked tubing...there goes $10M down the drain...

If JW is running the show and cannot be kicked out (unless there is a takeover), then have the decency to fire LaPrade, the COO who is apparently overseeing one of the worst records in the patch in terms of drilling horizontal wells in AB/BC.

Do we ever hear of these stories at SGY? No...that is why, even at these rock bottom prices, I am going to put my fresh money on other stocks, including SGY. Yes, lower potential returns, but also lower risks. I have been investing in the firm since 2011...and every quarter it is the same story of cost overruns, they are running so inefficiently this firm, great assets, but such poor execution.

For those active on the board, how would you rank: LTS, PWT, SGY as an investment in the patch?