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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"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

Lightstream Resources Ltd.
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Comment by JohnDDon Oct 06, 2013 2:15pm
218 Views
Post# 21794787

RE:RE:RE:RE:RE:RE:Operational update coming soon...

RE:RE:RE:RE:RE:RE:Operational update coming soon...Jerrybe said: "I have a big position in the stock...have added at these low prices...but I do recognize this is a risky bet!" Sums up my thoughts. I agree with many of your other comments. That said, the company needs to do a better job of execution. I was disappointed with the cost overruns and reduced guidance in the Q2 NR. John talks about the company being "grinders". Well my idea of grinders is they get the job done on budget and schedule - they under promise and over deliver on production, not the other way around. I would also like to see some more non-core asset sales to get that Debt/CF ratio down. As long as the company CONSISTENTLY executes well and oil prices stay north of $90... the stock price should do well. John
Bullboard Posts
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