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 JohnDDon Apr 30, 2015 2:49pm

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Post# 23681871

RE:RE:RE:RE:Coming quarterly results...

jerryb said: "Sooner or later CPG or VET will make a move. I definitely want them to buy the entire firm."

I completely agree with the above and many of your other comments.

I think it would be great if CPG and VET could work together and take LTS out - CPG could take the Bakken and VET could take the Cardium and Swan Hills. they could sell the latter to Aspenleaf. That would be the best outcome in my view. $5 in paper from CPG or VET works, which would result in a capital loss for me, but I have accepted some time ago that it is unlikely I will break even on this one.

My current outlook is that we will not see a deal until the 4Q15/1Q16, but wonder now if something could happen sooner?

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