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Lightstream Resources Ltd. LSTMF

"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

Bullboard Posts
Post by darkstreamon May 15, 2015 11:53am
160 Views
Post# 23733033

First Order Of Business

First Order Of BusinessLTS must negotiate a fair refinancing plan with the lenders which seems to be encountering problems at the moment. You can see the smoke signals being put out in the markets. Currently everything in the oil patch is up for sale. We have some good assets as do others. If they truly want to sell Bakken assets put a price on it and stick to it. Less than 1.5 B would be a no go IMO. Best to roll the dice and see what happens.
Bullboard Posts