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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 Feb 29, 2016 9:28am
205 Views
Post# 24604652

Concept of Bookvalue

Concept of BookvalueMy good friend, HouseOffraud said 

"Bushhog desnt yet understand the concept of bookvalue, so be careful listening to him too."

Well,  the concept  of Bookvalue is...
example
LTS is stating that their value ( Q3 2015) is $4.02.

However the "Market" ( made up of Hedge Funds, Banks, Oilman53's imagination, etc)
is saying that LTS is only worth $0.35.

Most Investors believe Oilman53 imagination over the Company.

Only my concept.







Bullboard Posts