Lightstream Resources Ltd. LSTMF

RE:RE:RE:RE:uograd

[kmapp]

Nowhere did I say the opinions of managements poor performance aren't justified, yes it is a disgrace. All I was saying a good time was to have expressed those opinions directly on the CC for all to hear and put pressure on JW and the BOD publicly. Posting on this board or a one on one letter to JW directly only has so much effect. As for my investment in PBN now LTS I have been in this for many years starting in the $20's. The way I have managed the poor performance of management is to average my cost per share down to $8. All I can do is manage my investment over time and position myself to recuperate my capital and in the mean time get paid the dividend to wait until I do. I too experienced the cut in the dividend, the day that occurred I bought 10,000 more shares and have experienced even more capital losses at an accelerated rate. Do I think LTS will ever get back to $8 or higher again, yes. Do I think LTS will be taken over because of poor performance by management, yes. If and when LTS does get bough out management will be replaced but you can be sure management have positioned themselves to benefit from a take over by dollar cost averaging their own investments. The time your investment becomes a loss is if you sell because you are not willing to wait it out and have too short a time frame. If you believe the figures of the basic value of LTS and if you wait long enough you will get your money back. Now that the SP is as low as it is I don't think we will have to wait for years, I think this is a target for a take over in the short term. Just my opinion for what it's worth, not trying to upset people or suggest your opinions don't mater. The reason why I read this board is there are many valuable pieces of information posted here buy a number of good posters that help me keep in touch with my investment. Thanks to those who contribute. kmapp