Lightstream Resources Ltd. LSTMF

RE:RE:RE:RE:Market Cap under 80 Million?

[bushhog1]

I think LTS took the necessary actions early to weather this storm.
They cut Capital spendings etc... and that dividend cut off can be used
to pay the interest on their loans.

I believe if anyone can survive, it will be Lightstream.
Solid Balance sheet because of lots of hidden values and write offs....
LTS is one of a tiny few that revalued down their Assets ($700M) 
because of lower oil price

I also wonder why they were not buying back shares with that $375M
LOC availabity, but the CEO said that is it one of their options, but
I think they are eyeing to acquire other Companies.
Remember at oil so low its cheaper to acquire other productions
than drill for it