Lightstream Resources Ltd. LSTMF

RE:Patience... is a virtue?

[cashisgood2]

The DRIP is not paid for with treasury stocks but shares bought on the market. No dilution. 
The Bakken oil is not a conventional oil well where one pumps out oil from a reservoir. Once the shale is stimulated you are better of continuing production and keep on pumping.  You could slow down stimulation a bit but why. Storing oil for later sale? Storing oil above ground is costly and how much higher do you expect oil to go? Connecting Bakken oil fields by pipeline (cost reduction) to existing pipelines is costly and subject to capacity.  Oil reserves in the Bakken are estimates and it is estimated that the production may continue for another 10 years or more, or less but nobody knows. Question is at what price is the shareholder compensated for the risk? At present the market says $7.00! For LTS to go up the glut has to come down. Infrastructure has to be built to ship Western oil to markets around the world. Keystone pipeline is one way but Northern Gate a much better way to go. Anyway just my 2 cents!