Lightstream Resources Ltd. LSTMF

RE:RE:RE:Book Value Per Share $2.40

[PROtrading]

bushhog1 wrote: Yeah. LTS has a book value of $2.40 and trading at $0.16
and TBE has a book value of $0.02 and trading at $0.10

Which is better?
One (TBE) is trading at 5 times bookvalue and the other (LTS)
is trading 13 times below bookvalue.

TBE has an overdue Debt that they cannot pay.

LTS will have enough cash to pay their $33M  for June 15, 2016.
( from cash flow, cash balance and LOC drawn down in April)

Yes they will have to cover their overdrawn LOC by the end of July 2016.
and stated they will do this by the end of June.

LTS made only $22Mln  EBITDA  in Q1 and their LOC dropped to $250Mln
However in Q2 (end of June) they are forecasting to make minimum EBITDA of 
$34Mln so they might be abled to convince the Banks
to raise this LOC to $375M without exercising any of their options.

Only my opinion

bushhog1, that's more than just an opinion. It's facts!  Something that is rare on these clown shows we call the bullboards.

LTS is basically a "bankster attack", combined with a short attack and ATS HFT attack and a great bash attack by oilman53 and "friends".

I see on L2 the penny flippers are chashing this up missing the bids for half a penny! LMAO!!!!  Guys are so obsessed getting the absolute lows they miss the big picture!

Big picture is HUGE money flows into OIL!  With the production crashing and demand rising!