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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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(65)
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Comment by emmitton Mar 11, 2015 8:48pm
112 Views
Post# 23511870

RE:RE:RE:RE:RE:RE:Crescent Point ready to buy; adds $1 billion to credit line

RE:RE:RE:RE:RE:RE:Crescent Point ready to buy; adds $1 billion to credit lineNo I'm not short any companies. I;m of the school that shorting doesn't have a place in investing because it's used to manipulate prices by hedge funds etc...
LTS will have to sell assets or breach debt convenants if they can't rework their debt. Time is important, time is crutial.
I see the Companies assets worth around 2 billion in this environment, subtract the 1.5 billion of debt and us shareholders divide up the 500k.
I'm just so tired of watching this company sell off their assets year after year and share prices keep dropping due to horrible management. 
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