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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 Nov 07, 2013 12:16pm
228 Views
Post# 21885250

RE:RE:RE:RE:RE:I Told you this POS would hit 6

RE:RE:RE:RE:RE:I Told you this POS would hit 6 Itrabs said: "Tonight's report is what counts."

It seems to me that most of the important news is out with respect to this quarter execpt for maybe some confirmation of any asset sales and dollars they spent. I will be looking to see the total debt levels.

We know what the average production is and we know that oil prices have been strong all quarter. Just a few weeks ago they confirmed guidance for their budget and production. I expect the results to be moderately postive. That said, I have always learned to respect shorters. The low share price would suggest something bad could be coming??

To me the big news will be 2014 guidance in 2 weeks.

Decided to pick up a few more shares at $6.09, How much lower can it really go and as you point out those 7 million + shares have to be covered at some point. Can't short this stock for too long with this dividend?

John


 
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