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Bullboard - Stock Discussion Forum 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 Discussion

Lightstream Resources Ltd. > Compare to zar asset sale, share holder should vote No
View:
Post by Holdernko123 on Jul 26, 2016 2:17pm

Compare to zar asset sale, share holder should vote No

Zar just sold asset (1210 b per day, 5mb reservoir ) to tog for $89.5 m. Lts asset should be sold over $1.7 b Secured lender took the 95% asset for $650mus, that is unblieverable.
Comment by UppersDowners on Jul 26, 2016 3:16pm
the shareholder takes it up the..................... again.
Comment by PROtrading on Jul 27, 2016 10:52am
highrider2 deserves a raise for this professional brokerage paid bashing skills and the devastation it has caused to LTS shareholders....
Comment by emmitt on Jul 28, 2016 3:11pm
Holdernko you have to understand that not all assets are valued equally. LTS Cardium assets would not get that metric. LTS is getting more and more gassy as well. LTS currently has more debt then assets. Stay on the sidelines,
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