Lightstream Resources Ltd. LSTMF

RE:LTS can payoff overdrawn LOC from regular business.

[survivor2015]

And bashers respond with the usual BS. Worst case scenario is 16-18 cents because of the assets and eager competitors wanting to claw into LTS for those assets.

There's $10B lined up for oil acquisitions and mergers (M&A), this is the season...

Let's see which of the competitors makes a go for it.  So far, the lead candidates are CGP, WCP and RRX (in that order).  Let's not forget foreign private equity that has quietly been buying up all of these with the low Canadian dollar....

LTS has a lot of options.  Deferring the interest for a month was the absolutely best move. 

The weak link are any reamaining shareholders not understanding commodity cycles and buying into the mind games.

I think the main lenders will clue in they don't want to give away a $40M market cap company what has these assets.

Interesting times for Canada.