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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 chantal2468on Jan 27, 2015 12:58pm
182 Views
Post# 23368281

to put it simply for the noob

to put it simply for the noob
based on its reserves,production.and debt.....it is a $2 stock trading at $1 because it has a 50% chance of being worth zero.... This is at the current $45 oil price and will fluctuate according to oil price with a downward trend as time passes because of existing mineral wealth being transferred to debt holders and employees and NOT shareholders
Bullboard Posts