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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
Post by valueman1on Aug 02, 2014 9:28am
518 Views
Post# 22805056

Value

ValueI have been in and out of this stock over the last year. I think this one presents great opportunity as ,for all those aware,mgmt has closed their eyes to what the mkt was telling them- TOO MUCH DEBT. Finally mgmt is listening and acting. I feel they could do more for expense control but that is another story. I think what were seeing now is 2 things : 1) profit takers taking profits in run up from low $5 to $9 in a short period of time: 2) market (especially commodities) showing weakness.
  I think most would agree that the $9 price we saw recently still represents good value but it just got there too quick.
     Thats my 2 cents- 

Any comments pro or con appreciated 
Bullboard Posts