Lightstream Resources Ltd. LSTMF

RE:first spyglass then long run exploration will be next

[Kaybob]

To me there is no way they can make it to 2017 at $40.  LTS is having emergency meeting all over company right now and even at every level in the field as well.  As companies start to go down the various debt holders will get more and more nervous and look to salvage what they can.  By the time 2017 rolls around and if we are still at $40 then CPG and any other potential buyer are very weak as well.  As a banker right now they might be able to get 75 cents on the dollar....in 2017 and prolonged $40 they might be looking at 15 or 20 cents.  Another year of $40 with no drilling, production plummet, value of properties dropping to $30k per flowing etc. etc.  This is all real bad and I actually dont think we will be at $40 throughout 2016 but LTS might not be around to see a recovery.  LTS are one annoucement from done.  Do the banks want to do that or not??