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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

Comment by PROtradingon Jun 29, 2016 10:08am
98 Views
Post# 25008190

RE:RE:RE:RE:RE:LTS LOC was cut $900M in one year

RE:RE:RE:RE:RE:LTS LOC was cut $900M in one yearPoor multiaslias brokerage paid bashing clown!  LTS's misfortunes are 100% relating to oil commodity prices.  They underestimated the street and need to chop a leg off.

But the rest of the body is still going to run, not as fast as it could with a whole body...

Now, it's possible the guys feeding the body (the lenders) won't allow a leg to be chopped off.  We have 30 days to find out what happens.  Is this going to be a two legged runner or a one legged runner?

Paid bashers, that question isn't for you.  You are short, you can't see the oil bull charging and your are going to get CRUSHED!!!  LMAO!!!


highrider2 wrote: You are funny "Sonofmshade" !!! The company was doing everything correctly until the downturn hit ??? LMAO !!!!! ........................................................................................................................................................................................................................................... Pull that head out of the sand and take a look at the LTS chart for the last seven years. The "little ostrich complex " hits a few people occasionally. ............................................................................................................................................................................................................................................. In the previous years when oil was going up in price and other oil companies share prices were rising .... LTS's share price continued to drop. ............................................................................................................................................................................................................................................ Dropped from $36 all the way down to ( now ) .18 cents and before oil dropped still down to the $5 range. ............................................................................................................................................................................................................................................. So her share price dropped from $36 down to $5 ( approx. ) when oil was up over $100 per barrel. .............................................................................................................................................................................................................................................. And you think that the company was doing everything correctly ???? ............................................................................................................................................................................................................................................. I would sure hate to see them operate it incorrectly then !!!!!!!!!!!! ************************************************************************************************************************************** ************************************************************************************************************************************** Sonofmshade - (6/29/2016 8:54:47 AM) RE:RE:RE:LTS LOC was cut $900M in one year Exactly! Unfortunately we do not know what is transpiring behind closed doors. On the surface this should be a fairly simple process but the million dollar question is - How deep is the corrupt criminal intent of those trying to break this company? Based on metrics, common sense, market trends etc....there is zero rational or justification for this company and its shareholders to be held hostage in this fashion. The company was doing everything correctly since this just before this downturn hit. Has reduced debt, costs etc....and for some to try to pull the rug out so quickly and at this moment in recovery is not only shortsighted and unjust but borderline criminal. Lets hope Wright is as pis**ed off at the sheninigans as most of us are and will really want to make some people eat crow.


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