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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 bushhog1on Jan 22, 2015 11:35pm
257 Views
Post# 23354524

RE:RE:RE:RE:Debt

RE:RE:RE:RE:DebtPaying only $0.88 for a company with a tangible book value of $9.78
is the greatest steal of all the energy companies.
Others have higher book values, but their share prices are way higher.

Will LST survive ?... I am betting on it

Cutting Cap spending and dividend shows Management is taking the right steps
for the Company's survival

Unlike gold, Oil is a necessity and will always be needed, so it will go back up.

Lets say the company don't survive, the sell off of the assets in parts
will surely fetch you more than $0.88.
( book vaue is net of debt)






Bullboard Posts