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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 cgiffinon Jul 25, 2015 8:03pm
123 Views
Post# 23960336

RE:cgiffin...I was merely commenting on specific point in time

RE:cgiffin...I was merely commenting on specific point in timeI wasn't trying to attack you or really be confrontational.....so you own common shares? I was referencing share price because if you were to look at many E&P companies, especially small to mid(former mid at least) Canadian ones I think that would forecast TONS are heading for bankruptcy. Facts indicate though that they would have no justifiable rationale until at least 2017 right? LTS specifically? Certainly with their operational cash flow and credit line they can limp along a good while. Ideally, this board and JDW can reduce debt through dispositions. 
Bullboard Posts