Lightstream Resources Ltd. LSTMF

Hey shorties! Had to move from 16 to 18 cents bids huh?

[PROtrading]

2 pennies!  On a $2.40 book value stock with over $3B in assets selling for less than $40M market cap.

Intelligence is supreme here!  LMAO!!!!

[orlandofl]

plus around $1.5B in debt or around $1.54B Debt could be bought cheaper, but they can't do if there is a buyout without talking about a buyout to debt holders or it would be trading on inside information - they will need to try and work a deal with debt holders

[emmitt]

Why are posters talking book value on oil and gas stocks???? How does Protrading get a $3 billion valuation????They are now flowing approx 24k per day and declining. Only 16k of that is liquids. I would love to see what metric would get you 3 billion.  Even at $80k per flowing barrell of liquid production your only getting 1.28 billion for your liquid production, I think more realistically

[PeterWright]

It will be tough negaotiating with debt holders Orlando when 2 of them are suing LTS.  Wright will sell asets for cheap and keep the death spiral going to ensure his pay check keeps getting cut for a few more months. Declining production is really going to start to hurt . I think at this point bankruptcy is the best option. 

[PROtrading]

Hey!  Paid bashers hired by the take over team.  Tell your boses the gig is over.  Hands up and surrender.  We'll go easy on ya. You've scared all the sellers into selling and if not, that's good news for us sitting at the bid!  LMAO!!!