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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 patenrighton Nov 04, 2014 4:50pm
172 Views
Post# 23094581

RE:RE:RE:RE:RE:RE:Possible Share Buyback

RE:RE:RE:RE:RE:RE:Possible Share Buybacksorry , that makes no sense companies go under (bankrupt) based on fundamentals (cashflow and not being able to pay interest) not on market sentiment alone yes stock can languish due to poor sentiment, but at some point it can only go down so far on that as the market will not allow LTS to trade at $200M mkt cap when say cashflow is $400M - or it could but it very likely wouldn't last long before private equity comes in or a company makes a bid for it... also, funny how you state this view now after you sold, likely under 2.50 too and now you are already second guessing yourself with this at 2.6
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities