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 whitehorn1on Jun 01, 2015 1:13pm

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Post# 23785079

RE:RE:RE:RE:RE:RE:RE:orlandofl..I guess you didnt read my post

Orlandofl, one thing that comes into play is investor enthusiasm. If oil did go up to 75 dollars, investors will have a risk premium in LTS or the oil sector in general. Hence, it can go up in price but the share price may not go up as much because many have lost a lot of money in this sector. I equate this to the early 2000's some oil companies were doing great but many people invested in other sectors. For instance, the oil sector could be the "avoid" sector for a few years, irregardless of oil prices. Technically companies may need to have a few good years before investors are comfortable with the sector and come back to it.. Unfortunately, I can see this happening in the oil sector. This could be a dead sector similar to 98/99 and 00/01 for 4 years.

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