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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 Jun 09, 2015 11:14am
92 Views
Post# 23810898

bushhog1...thanks for confirming for last 6 months

bushhog1...thanks for confirming for last 6 months
what I have been saying....LTS prior to November OPEC meeting would be trading at $3 for this same oil price...I have been plotting the stock price versus oil for 2 years....there is a TOTAL disconnect between LTS share price and oil...it is in a range never seen before...it is behaving like a warrant which will expire worthless in 2 years not like common shares of a viable company...Like I have been saying...LTS goes up 5 cents when oil rises $1 then drops 15 cents when oil drops $1...and drops 10 cents per month regardless of the oil price...punch the numbers in a call option calculator and you will see how this stock is priced over time
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Dealroom for high-potential pre-IPO opportunities