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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 RE38on Aug 24, 2015 7:20pm
220 Views
Post# 24047486

RE:western canadian select $18

RE:western canadian select $18
chantal2468 wrote:
why are these idiots still producing so much??


Because if they stop (they being the biggers players like CPG, SU etc), they can't pay their dividends or service capex costs or most importantly pay the management teams their big fat paycheck. Oil production is only going to go down when companies like LTS and PWT are forced to stop production due to insolvency - this stock is going to zero. 
Bullboard Posts