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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.
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Comment by PeterWrighton Dec 11, 2015 2:03pm
139 Views
Post# 24377471

RE:RE:RE:RE:RE:Zombies appear in U.S. oilfields as crude plumbs new lows

RE:RE:RE:RE:RE:Zombies appear in U.S. oilfields as crude plumbs new lowsI disagre with Bushhog. I have followed this stock for years as a lot of investors on this bullboard have. I remember when people debated between CPG and Petrobakken as an investments. The answer today is obvious which company has faired better. Wright should of cut the dividend years ago when debt started to get away from him. He should of cut the dividend before he started selling of assets to CPG as well. etc etc  Historically this company has been very poorly run.
This company has great assets with high netbacks, I still can't beleive it;'s going bankrupt. The responsibilty for shareholder value destruction lies directly on management. 
I truly feel horrible for everyone that Wright  has taken money from.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities