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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 Aug 05, 2015 5:59pm
177 Views
Post# 23992343

RE:Orlando and me

RE:Orlando and meDefinitely turn around stories, if oil trends up significantly, LTS shareholders will win big. If oil stays in the sh*tter for the next couple of years, most likely will need a restructuring of the company that will most likely favor shareholders, otherwise it is bankrupt. Been on both sides, high risk to reward. If you want safety buy the banks, you get returns but will not get an immense upside. Also, was watching a show with Rick Rule, he mentioned he believes there is about 30 percent downside in resources with 500 percent plus upside, and no idea time frame when the bottom will be reached. I agree, recall the 1998-2002 downturn where many stocks were well below a dollar a few years later were 5-15 plus. Whether this happens again, well Rick Rule thinks so.
Bullboard Posts