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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 heraclituson Nov 02, 2013 5:19pm
280 Views
Post# 21871321

RE:2014 Guidance - My Recommendations

RE:2014 Guidance - My Recommendations
Solid analysis - not sure about NG and Cardium.  The real issue is not mix but well economics.  Even if there is a little higher gas content, if the economic work, so be it.  For all, I have been revising my thinking over the last ten days.  Rather than moan over my losses I am actually starting to celebrate the opportunity.  So I have been nibbling away.   I take a lot of comfort in a 14%  ROR on top of little downside and glorious upside. 
Bullboard Posts