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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"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

Lightstream Resources Ltd.
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Comment by PeterWrighton Dec 21, 2015 9:22am
134 Views
Post# 24400624

RE:RE:LRE announces Plan of Arrangement- $0.52/ LTS $0.22

RE:RE:LRE announces Plan of Arrangement- $0.52/ LTS $0.22Really? Why don't you figure out what LRE received for there assets and start there. You can't assume all take overs receive 4.5 multiple. I hope you were joking.
If you do the math, I think you'll find using the LRE metric, that LTS has more debt then assets. Bushhog, this stock does not deserve any more of your money.
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