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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 Thanksforplayingon Dec 12, 2014 5:14pm
358 Views
Post# 23226033

Takeover target

Takeover targetGotta think this is hot takeover target down here or at least a activist investor get involved. Yes they have big debt but they also have lots of assets.  2 billion in equity and it's trading at a 200 mil mkt cap.  Crescent point paid 300 mil for some of their properties.  Maybe they want to ave down. 400 mil more they could prob buy the whole company
Bullboard Posts