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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 xdarkcloudxon Dec 20, 2012 8:40am
261 Views
Post# 20754552

RE: keeps dropping

RE: keeps dropping

some say its tax loss selling -could be lack of clarity about the deal -might be Petrobank lowering share price to accumulate more DRIP shares of PBN before the deal is completed  -this high dividend payout mostly in the form of DRIP is diluting the shares bigtime -outstanding shares will doulble in less than 8 years at his rate -seems like a great company drowning in its own oil?

Bullboard Posts