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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. > How Far Can Oil Rally? Investors Wager on Surge Above $100
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Comment by emmitton Jun 10, 2016 3:12pm
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Post# 24955764

RE:RE:How Far Can Oil Rally? Investors Wager on Surge Above $100

RE:RE:How Far Can Oil Rally? Investors Wager on Surge Above $100Speculators are really getting old. $20 oil, next fella says $100 oil...blah blah blah. Oil still has a lot of oil in storage, it should take some time to get over $60. Once oil gets over $60, we will have lots of oil coming back online. I've been investing withe assumption oil is range bound and have done quite well for the last year. Sold half my tourmaline and CPG today. Will buy some back if they continue to drop.
As far as LTS goes, will not repurchase until Wright is removed and debt issues are resolved. Hoping they get the 2 lawsuits resolved as well. Lots of headwinds still.
Debt responsibilities are still eating up way too much $$$$ per barrell.
Glad to see you've diversified away Orlando. Enjoyed our conversations last year. 
Good luck.
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