Lightstream Resources Ltd. LSTMF

RE:Bloomberg Interview

[whitehorn1]

JohnDD, very good insightful videos the last couple of days. It is very hard to determine the price of commodities into the future, but interesting viewpoints when the oil sector is extremely pessimistic, and most can get it right mid cycle i.e. after/pre boom. FYO - Another industry, where the business analysts, data scientists, research analysts, were wrong completely was Forestry back in 2005/06. USA housing starts were at 2.2 million and the trend was only to get higher. I seen many presentations on more mills need to be built as housing starts will only continue to get higher. Now fast forward 10 years later, USA housing starts are at 1/2 that amount i.e. 1 million and have been like that since 2008. It goes to show, highly educated people and research teams can get it wrong and "Have to wonder -why could they not see a bad downturn coming". Anyways research teams etc. put Goliath Forestry companies out of business like Grant Forest Products, that had very deep pockets in 2005. Many more casualties occurred and severely crippled the forest industry. All I'm saying, we can get it all right picking bottoms, which goes to show oil is probably at or near the bottom presently. I for one- say oil prices will be higher in future years, and I'm not a market research guy.