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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 ALDO76on Oct 10, 2013 4:01pm
226 Views
Post# 21808177

RE:Loading up the Truck

RE:Loading up the TruckI'm following this stock for awhile, I sold at cost price,  for me a stock with a price/book of $17 and high yield and stay stagnant, means something will evantually happen, having said on Novemmber 7 2012, means almost a year they annouce a production of 45000 b/d same like today's annoucement, so in terms of production volume they were no improvement, the debt was then 1.5 bilion, today 2.23 bilion, so more then $700 milions, more share dilution, and you have the reason why this share is not moving up.
This will go down until the managment come with a better plan for the future of this company.
Bullboard Posts