GREY:LSTMF - Post by User
Comment by
bushhog1on Sep 12, 2015 10:59am
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Post# 24098718
RE:RE:Market Cap under 80 Million?
RE:RE:Market Cap under 80 Million?Remember LTS is mispriced and is a give away compared to other oil Companies.
LTS Debt grew mainly because they have to convert their Debt (us) into cad dollars
for reporting, so its not mismanagement.
The market is saying they have big Debt and they will go bankrupt,
Nonesense, they recently made new loan covenants with the Banks.
Lenders will never force you into bankruptcy because they will
take big losses. Its better to keep you alive so they will at least get
back some money
Public Companies borrow funds to run Companies in two ways ..
by issuing shares or borrowing from Lenders.
So nothing wrong with borrowing from Lenders, its avoid
share dilutions.
LTS is the best Bang for your Buck
Buy holder and Prosper -
only my opinion