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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 30, 2015 9:15am
71 Views
Post# 23575956

RE:rough calculation for when2buy...

RE:rough calculation for when2buy...As much as I don't care for Wright I do feel bad for him. He may not get a chance to wait for oil to rebound in the second half of the year. Debt holders are really going to push for a sale to reduce the debt. The last article I read by a National bank analyst, he was hoping for 1 billion for Bakken assets. For shareholders that price would really sting but the debt holders don't care what is left for the share holders unfortunately. Wright is in a really tough spot. I do think if he resigned it would be a catalyst for the stock.
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