Lightstream Resources Ltd. LSTMF

RE:RE:Q3 Report ...

[bushhog1]

Thanks Saud,

I think they might not call it  profit from continuing Operations but a one time gain on sales.
Well, should the Equity goes up then the B/V per share will go up.

However we might see this $125M uptick beaten down because of exchange rates

Talking about exchange rates

In 2013, the cad dollar was equal to the us dollar and oil was at $86. per barrel.

Now oil is about $45.34 us or $60.00 cad

Over in Canada then , oil dropped 30% and LTS dropped (97%)

So LTS dropped 3 times more than Oil. 

Could it be the Debt? No !.... Debt was larger back in 2013.

Huge mispricing !!

Only my opinion