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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 JohnDDon Jan 31, 2014 3:57pm
341 Views
Post# 22160106

RE:RE:Would

RE:RE:WouldHere's hoping they have sold some properties and will release the information together with the year end operational update.

If I can speculate for a minute. I believe that John Wright would love to get his hands on the Swans Hills assets that Arcan is selling - and they could likely get them for a good price. LTS  clearly can not go out and buy it first, but if they were to announce a big asset sale for $X less the cost of the Swan Hills assets for $Y and still show a net reduction in the debt, plus helping to build for the future, the market might like that.. just a thought.

John
Bullboard Posts