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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"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

Lightstream Resources Ltd.
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Comment by JohnDDon Apr 22, 2011 4:48pm
533 Views
Post# 18475452

RE: Curious

RE: CuriousNice find Ibrabs...

Hmmm..I believe that one of the reasons the stock is doing poorly is that the market expects that Petrobbakken will eventually need to come back to the market to raise equity to finance their drilling program.  Selling an in interest in your production is one way to do that I guess,,,hopefully they will command top dollar for access to some Cardium assets..something they couldn't do through the equity markets right now.

John
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities