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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
Comment by whitehorn1on Jun 01, 2015 2:03pm
105 Views
Post# 23785386

RE:RE:RE:I'll take shares in CPG if that is what it takes

RE:RE:RE:I'll take shares in CPG if that is what it takes The tricky part, LTS may survive over the next few years. The thing is will they be able to improve as a company or get worse. The debt situation is their biggest issue, how much can they continue to pay off in the years ahead. If they could retire at least 100 million a year, then a big improvement will occur, however if they can't really put a dent in this then the company will be forever challenged. That being said, as go back one year ago June 2014, they were extremely grateful on the timing of disposing the 700m of assets at a premium, I believe that was sold to Crescent point. If Wright would of sold everything at that time at those prices, he would of been a genius, and CEO of the year.
Bullboard Posts