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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

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Comment by nlr2on Nov 07, 2011 3:11am
468 Views
Post# 19214371

RE: .m

RE: .mYa I got to agree with that assessment. My time working in the field was fairly brief, and I was by no means high up but from drilling all I ever learned was if we were actually working. You never find out anything else other then what happens in your particular area of expertise. Most of the guys I worked with wouldn't have known what to do with any insider type info and even if they cared weren't concerned at all. The bigger issue for them was paying their mortgages and hoping there families were doing well. With that being said as a long suffering PBN investor I would love it if they found someone to buy our Bakken and conventional Saskatchewan buisness. That will never happen because we would have to ditch the dividend and our overlords at Petrobank would never allow it. Biggest lesson I learned is never invest in a company that is a subsiduary. 
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