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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. > WHERE R U OILY53, ETC. COME OUT & BASHING ~~
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Comment by oilman53on Jun 06, 2016 2:18pm
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Post# 24938699

RE:WHERE R U OILY53, ETC. COME OUT & BASHING ~~

RE:WHERE R U OILY53, ETC. COME OUT & BASHING ~~ No bashing just the plain truth..

Production dropping at 2% per month, and getting gassier in the Cardium

They cant meet theri junior debt payment of 21 million this month

They have to come up with 120 MM to pay back the LOC pronto

Negative cash flow for Q1 and Q2, so no extra money for debt extension, even if they wanted to

Doesnt sound good to me and reflected in price action..  
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Dealroom for high-potential pre-IPO opportunities