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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 JohnDDon Feb 16, 2012 6:57pm
332 Views
Post# 19546421

RE: RE: News- easier to read

RE: RE: News- easier to read

Very interesing..sold for $147,000 per BOE/d. That is well above what PBN is valued at today.  Should make for a good day today..I guess my order for $14.15 will go untouched..

Something else big must be coming beyond a revised capital budget - why would you go and secure $900 million in high yield debt, when you clearly knew this was coming..Or at least you could have waited to secure the debt after you closed this deal. I expect there are more pieces to the puzzle coming...

John

Bullboard Posts