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Lightstream Resources Ltd. LSTMF

"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

Comment by craigsteron Jun 16, 2016 6:39pm
221 Views
Post# 24972766

RE:HeavyVolume, message me when heavy volume returns to LTS

RE:HeavyVolume, message me when heavy volume returns to LTSHey guys, yes a lot of waiting, did my first purchase other than Twin butte yesterday, and bought ten thousand shares LTS , there's noise, and the facts, the fact is , this is a flyer, and worst yet,... is we don't control anything, like the boards personal interests. However, if we are to believe the facts , and the metric associated with the sale of Pengrowths assets along with the first lien option, or the dilution of debt, asset sale( not at fire sale prices) . The fact I am told , the company that purchases ( if they sell all of it) wont get to use the enormous tax losses or Write downs? (Remember I am learning like everyone else) on the balance sheet.. Someone mentioned a while ago , so I looked!! and in fact its a substantial amount, that if it truly can be used as write down, this company's value is not just based on its assets when assessing value, here there other factors as well. Hopefully they work in our advantage. Dropped my ACB a whole 6 cents to 2.42( Still f*&*&CKED !!!!!! Twin Butte is my other ACB $0.01041 . Flyer again.
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