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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 kmappon May 05, 2016 7:56am
184 Views
Post# 24843441

RE:RE:RE:Quarterly report , actually a lot better then I figured

RE:RE:RE:Quarterly report , actually a lot better then I figured
Couldn't agree more with the comments below. I too was expecting much worse considering the first three months of 2016 was the low of the current cycle. Now that LTS is seeing the light at the end of the tunnel why a member of the 16 syndicate decided to pull the rug from under LTS's feet at this late stage of the cycle is extremely disappointing. Seems LTS could have made it if the creditors hadn't dealt this latest blow. Hopefully LTS can come through with alternative financing and save all us struggling long time shareholders. Will be listening to the CC for any glimmer of hope. GL kmapp 

Sonofmshade wrote:

They really are pretty good results considering how brutal that quarter was for the industry. Look at what most of the other companies have been putting up and this compares very favourably.

its a real shame and an injustice that certain players are trying so hard to destroy this company and/or steal it from the shareholders. Clearly trying to force LTS into receivership has no merit based on its prospects and situation.

PROtrading wrote: I was expecting a train wreck actually!  This is amazing results considering how difficult Q1 was.  That's when we saw $20ish oil!  Just need to remind people that...

This management team doesn't sound desperate.  They sound quite confident.  Looking forward to the CC tomorrow!

 


Bullboard Posts