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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
Post by bushhog1on Aug 21, 2015 10:16am
320 Views
Post# 24039461

LTS has $376M availability on their LOC

LTS has $376M availability on their LOC.. after their Debt swap and over 50% borrowing availability on their secured LOC

They built their fortress early to withstand this 0il downturn.


TD Analyst 
"Mr. Jarrah looked for names that stand to benefit in a rising commodity price environment, specifically those with more than 20-per-cent liquidity on their bank credit lines, below-average cash margins, and at least a 70-per-cent weighting to oil. Among smaller producers, these include Baytex, Lightstream, BlackPearl, Surge, Twinn Butte and Zargon."

Bullboard Posts