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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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(65)
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Comment by emmitton Mar 24, 2015 8:09pm
114 Views
Post# 23557257

RE:RE:RE:RE:RE:Whiting Petroleum Corp. has given up finding a buyer

RE:RE:RE:RE:RE:Whiting Petroleum Corp. has given up finding a buyerHow long it takes for oil to get over $60 is a huge factor for LTS with them breaching their debt covenants. I have no faith in this management team that has navigated this stock from $30 to under $1.00 with stronger  oil prices . What are thyeey going to in the face of low oil prices and high debt levels? I think management has to sell Bakken assets to survive. Unfortuantely they may not get good value for the assets.
No I'm not short the stock.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities