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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 Oct 02, 2011 8:51pm
300 Views
Post# 19109948

RE: RE:Takeover Rumour

RE: RE:Takeover RumourItrabs said: "All assuming this isn't a ruse and that Petrobakken must dosomething drastic well before the convertibles put option date of  Feb. 2013."

I totally agree with that. Finding funds to cover the put option on the convertibles is a significant issue that must be address very very soon. The primary solution I see down the road is an equity issue or new convertibles - both scenarios would result in huge share price dilution at these prices.

John
Bullboard Posts
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