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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 Sep 29, 2014 9:16am
346 Views
Post# 22978702

RE:RE:RE:RE:Torquay Info, under LTS as well it looks like

RE:RE:RE:RE:Torquay Info, under LTS as well it looks likeDid you see the $/boed metrics on that acquisition:

US$7.100/30kboed = US$236/boed

Convert to Cdn $ * 1.1 = Cdn $260k/boed

Now we have seen lots of examples of US firms trading at higher metrics than canadian firms, but still LTS trading at around $70k/boed - that is a difference of 3.7 times... wow..

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