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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 d_trumpon May 06, 2016 6:45am
129 Views
Post# 24847091

RE:RE:RE:Conference Call

RE:RE:RE:Conference Call
I should clarify - LTS may survive but only with the debtholders taking a massive haircut. Their assets simply can't support the current debt load, even at higher oil prices. Any deal swapping debt will equity will be done so in a way that will dilute.existing shareholders down to a nominal value.
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