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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.
Bullboard Posts
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Comment by jdn55on Oct 30, 2014 3:24pm
282 Views
Post# 23078369

RE:RE:RE:RE:Writing is on the wall

RE:RE:RE:RE:Writing is on the wallCreditworthiness is determined by a company's ability to service their debt not their market cap. LTS's credit could be subject to scrutiny if oil prices continue to fall to say $65 -$70 as that has an impact on their cash flow which is used to service debt. At present LTS has no issues and I don't believe were going to see $70 oil.
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