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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. > ok I'll pour some water on things
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Comment by bushhog1on Jun 09, 2016 11:10am
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Post# 24950551

RE:ok I'll pour some water on things

RE:ok I'll pour some water on thingsI like your good news because LTS might also be able to sell some assets too( if needed)
to cover their $121M LOC shortfall before the end of July 2016

I don't quite follow your perception on the bad news. PWT has been beaten up badly
and with oil prices going up they will also climb. Unfortunately not to their
previous high because they were forced to sell assets.

LTS believe in preserving their assets and will only sell if the price is right.

I am leaning on them coming through with an alternative loan to replace 
this current LOC.










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