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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 bushhog1on Mar 10, 2015 10:46pm
249 Views
Post# 23508016

RE:RE:RE:Re: John Wright's reign

RE:RE:RE:Re: John Wright's reignThe $700M writeoff was the revaluation of Assets based on the oil commodity drop.

This write off  enabled the Company to claim a tax refund on taxes paid on all the earnings it made
in all four Quarters from Operations in 2014

Whenever the oil commodity reverses up, this write off will also be reverse up.


Bullboard Posts
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