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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 bushhog1on Sep 12, 2015 10:59am
111 Views
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


Bullboard Posts