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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 10, 2016 3:03pm
81 Views
Post# 24858881

RE:RE:RE:RE:RE:RE:RE:$100,000+ waiting on the big @0.21 cents

RE:RE:RE:RE:RE:RE:RE:$100,000+ waiting on the big @0.21 centsYes I think $60 oil is very possible this year and $70 next year but timing is always a very tough call.  Last summer I thought we would end 2015 around $60.  I also agree with the guy who is calling $85 for the end of 2016, but he was also calling $80 at the end of 2015.  Timing is a biitch and I don't like betting against the clock.

I also have a finance background and I spent considerable time in the distressed debt/restructuring world.  Once the debtholders take control it gets very ugly and common shareholders are almost always screwwed.
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Dealroom for high-potential pre-IPO opportunities