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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 Darwynon Sep 30, 2013 6:41pm
236 Views
Post# 21779565

RE:RE:RE:John Wright's stock position in PMG?

RE:RE:RE:John Wright's stock position in PMG?
The assumption here is that he has the ability to operate and build a company for success. Ask shareholders of PMG who bought in 3 years ago what they think of the deal ? It is hard to be optimistic that he is "now focused" on LTS while he is CEO and director of PBG as well as LTS. A 70 % premium on today's closing price of LTS is approximately 33% of the price for initial trading four years ago. Not exactly the value creation that he wanted to achieve at the time.
Bullboard Posts

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