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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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Post by chantal2468on May 25, 2015 9:55am
304 Views
Post# 23760185

I listened to that energy interview....

I listened to that energy interview....
they said only one company had ev/reserves less than $10 (pennwest)....we are pretty close to that at $12....it seems that no one gives a sh*t about our reserves....oil is at $73 Canadian now compared to $55 couple months ago....so difference is $18 X 161M boe reserves =$2.9 billion more value...so why has our market cap only increased $200 million...anyone have a reasonable explanation for that?
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