Lightstream Resources Ltd. LSTMF

RE:RE:RE:RE:RE:RE:RE:RE:On A Few Green Days

[blade86ca]

Docmailloux.... at this point it does not even matter if they are slightly cash flow positive or neagative for come June they gotto come up with the 121 million somehow. The SP will not move anywhere till they annouce something before then.

The only thing that will save them is obviously assest sale and in this enviornment where all oil and gas companies are trying to cut costs at every opportunity they get at 50 WTI , Wright will have to offer alot of non-core assests or some core assests just to stay afloat. No company will pay a premium for non-core assests.

I am sure if Wright has to sell parts of core assests he will spin it into "non-core assests" somehow to make himself look good.  That will not only lower there production even further but their declines will still stay the same which means their cash flow will continue moving downward. Based on Wright and this management teams track record of selling assests , I would say it is quite horrible. They buy assests at the high of the cycle and then sell at the low of the cycle................................ see something wrong with that picture ?????

LTS is basically selling pieces of itself just to survive.