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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 emmitton Jun 06, 2015 8:04am
96 Views
Post# 23803362

RE:RE:RE:RE:RE:RE:for anyone interested...

RE:RE:RE:RE:RE:RE:for anyone interested...I don't think they have started the death spiral yet but they are on the brink. Chantal has mentioned this before and it's a great observation. The issue with Wright is he doesn't make decisions unless he's forced too. I think he's waiting for oil to get above $75 to sell assets. With EIA predicting average WTI of $65 for 2016,I think he needs to be proactive and make some decisions.  I still can\'t beleive this stock was in the $30 a few years ago and this guy is still in charge. 
Bullboard Posts