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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 IAMWDWon Apr 08, 2016 12:59pm
180 Views
Post# 24745627

RE:RE:RE:RE:RE:LTS is far away from Bankrupt

RE:RE:RE:RE:RE:LTS is far away from Bankrupt
don1212 wrote: LTS biggest problem is $1.6 billion debt + 2 lawsuits, and $200 million in funds flow in 2015, and this amount will likely go down in 1st quarter 2016.  LTD is putting assets up for sale since Jan 2015 and had been little interest thus far, and suitors might be waiting for LTS to officially declare bankruptcy and taking their chances to buy the assets then.  LTS might not survive in 2016. 


WOW SCARY BK 
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Dealroom for high-potential pre-IPO opportunities