Lightstream Resources Ltd. LSTMF

RE:RE:RE:RE:RE:RE:Andy Hall: Oil Prices Could Be Headed To $80 In Next 12 Mont

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John Wright is also running a company called Alvopetro , his time is so divided between companies I wonder if he is even bothering with LTS very much , He probably isn't as long as he continues to collect his salary everything is ok , in his world. 

I have a small position (1000 shares) with average at 11$ which I have held for very long time now and I am so thankful everyday I did not add to this position when I started to notice 2+ years ago with oil at 100$ they were adding to their debt loads more and more without growing production and cashflow very much.

I remember even sending an email approx 3 years ago( which I have saved in my hotmail account) clearing questioning John Wright about the debt load and his plan on how he was going to tackle it . At the time I asked him what would happen to balance sheet if oil dropped to 70$. I never got a response as he probably trashed my email thinking it was never possible for oil to go below 100$ at the time)and that was probably one of reasons also why i decided not to add to my position until he had a clear plan.