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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.
Bullboard Posts
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(65)
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Comment by emmitton Jan 05, 2016 6:47pm
97 Views
Post# 24431612

RE:RE:RE:RE:RE:RE:Management strategic moves

RE:RE:RE:RE:RE:RE:Management strategic moves This is a tough time for oil investors. Do you sell or just wait? Extremely tough decisions to be made. Oil looks like it is headed below .35. I got lucky and escaped LRE will a small loss. Sitting on cash for a while and waiting for oil and oil in storage trend to shift. 
The assets of this company are definitely worth less then the debt in this price environment. LTS needs at least $50 oil to start selling assets and trying to survive. 
Orlando did you tax loss sell in November? I know you were considering it.

Bullboard Posts
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