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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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Post by CravenRaven101on May 10, 2011 9:23am
755 Views
Post# 18552799

Nice Summary

Nice SummaryThe tale of the tape... PBN expects to spend $900MM to increase production by 8K BOE/D... I know some heavy oil companies that are spending that to get 35K BOE/D out of a single project...and I know of a company that spent $500MM for a 10K BOE/D plant...

I don't suggest that CPG is superior to PBN... I suggest that CPG knows what it is doing.. that it has MORE opportunity and greater upside than PBN...personally I wouldn't put money in CPG... I believe it is over-inflated...and I wouldn't put money in PBN...each has some downside left.

I like CPG for one reason... SMART Managment...I dare say... that IF PBN... had a different cast of characters driving the ship...I might like them a bit more... as a pure spec play...I would get in at around $15/share... I'm sure that is an unpopular call... so be it...

It is MY opinion git yer own...I'm sure with the 1st 1/4 report out... there's plenty of opinion to go around.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities