Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"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

Lightstream Resources Ltd.
Bullboard Posts
User Avatar Image
(0)
•••
Comment by whitehorn1on Sep 21, 2015 4:18pm
233 Views
Post# 24123034

RE:RE:RE:RE:RE:Block Trades

RE:RE:RE:RE:RE:Block Trades orlandofl, " I suggested (as many of you have) to management that they buy these cheap shares - not to prop up price, but to retire shares cheap. If oil stays down they could retire 18M shares for only $7M" Yes, in my opinion "worth the gamble buying shares", i.e. 1.5 billion debt with 7 million on buyback of shares. The upside would be immense if oil "turned the corner" i.e. 80 dollar oil in the next couple of years. I don't think 7 million will sink the company, it will be how long oil prices persist at these low prices. The company seems to be on the right track in the low oil environment.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities