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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
Post by xdarkcloudxon Aug 07, 2013 10:29pm
253 Views
Post# 21655770

Dire Straits

Dire StraitsHow long can they pay out more then they are taking in? 1.2 billion in debt, losing money each quarter, diluting the shares by 2 million each month and only 300 million left on the line of credit which comes due in 2016. No one will lend them a penny after that. Even stopping the dividend it would take many good years just to get even. No fear mongering here just stating the facts. If Wright does not step up and state the real case Thurs. he is a criminal. Hope Im wrong but this thing could crash and burn by Friday.
Bullboard Posts