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Lightstream Resources Ltd. LSTMF

"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

Bullboard Posts
Comment by emmitton May 03, 2016 3:34pm
109 Views
Post# 24838048

RE:RE:RE:Compare NKO, LTS has a long way to bankrupcy

RE:RE:RE:Compare NKO, LTS has a long way to bankrupcyI would disagree that most people say oil won't stay low. EIA is saying $40.58 WTI for 2017. Oil in storage has to come down, we are still producing way too much oil. It deosn't look like oil will climb fast enough for LTS to survive. OIl is looking like it's going to be range bound for quite some time. 
Bullboard Posts