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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 May 25, 2015 8:14pm
142 Views
Post# 23762962

RE:Why Surge over LTS? Three reasons...

RE:Why Surge over LTS? Three reasons...In response to your article

I believe with LTS you get a better Bang for your Buck.

1) Book value for LTS is $6.45  ( s/p $1.38)
    Book value for SGY is $4.35 ( s/p  $4.21)

. Sgy is trading at its Book value while LTS is trading about 80% below its Book value.
Which is cheaper.

2) Management is there to run the Company, not the stock price on the Stock Exchanges.
   They are doing a great job as per Book value and not to control the manipulation 
  on the Stock Exchanges.

3) Having a bigger Debt means nothing as long as its manageable. Companies can be run by
   funds raised from Lenders or from Shareholders.

If one cannot sleep holding LTS shares, then sell them out 

Have a good night



Bullboard Posts