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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 ltrabson Oct 23, 2014 6:58pm
139 Views
Post# 23056484

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:stock price and performance

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:stock price and performance
darkstream wrote:
need at least $85 support price for any meaningful uptick


 

Too bad these guys weren't alert enough to place some $95 USD hedges  earlier this year... .  

They could have easily loaded up with 2015 hedging.  

 

I like what CPG say about selling their oil.  

They have hedges, above $95 USD for the most part. 

They have been very aggressive with shipping by rail. 

Last I heard, they were applying to export some canadian oil from US gulf ports.

 

I wish we had someone around who knew something about selling what we produce.    I guess Canadian universities  don't teach marketing to engineers and geologists ...  too bad .  

Our CFO should know, but he doesn't.  

So, we sweat the many crude / gas price swings. 
Rediculous

Bullboard Posts