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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

Bullboard Posts
Comment by pieroilon Mar 28, 2011 12:56pm
421 Views
Post# 18350452

RE: High yield yet low share price

RE: High yield yet low share priceG&M journalist should do the same math analyses with other O&G high dividend paying stocks and do it with futur cash flow too taking in account the projected budget for  all thoses company. We buy the futur cash flow, not the past one.
He might end up with a different conclusion. What about a $100 oil average for 2011 with PBN at 85% plus of its production beying oil?? and growing at plus 46K boed??? It might well be a very good buy here now.
Bullboard Posts

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