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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 emmitton Mar 11, 2015 8:56pm
140 Views
Post# 23511888

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

RE:RE:RE:RE:RE:RE:RE:Crescent Point ready to buy; adds $1 billion to credit lineI think LTS has to get their debt under control this fall or they will breach their debt convenace so time is important. 
I never said I know CPG management or alluded that I did. I'm just refering to the article where CPG said they are concentrated on bargain assets in the Colorado area.
CPG made no reference to LTS assets in the article. the writter mentioned that analyst have been speculating about some of LTS asstes(which we've known for months)
For the record I agree with you that oil will be higher in 12 months (60's or higher). It just seems that your overlooking the upcoming breach of debt covenants and how much of a black cloud the debt is. 
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