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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

Post by survivor2015on Jun 22, 2016 1:48am
247 Views
Post# 24986193

1st Lien lender stepping in versus asset sales

1st Lien lender stepping in versus asset sales As a short term investor on Lightstream, I vote for asset sales if the assets are repriced for rational oil prices of $50-80.

If the 1st lien holders step in with differed payments like they did on BTE, market confidence is set and recovery happens quickly.

Assets sales is a longer term killer.  That's what the bashers here want. Cheap assets and capitulated investors.  They have exhausted the real investors, only people trading are traders and buyers are contrarians who don't wait for "direction" except at the sector level.
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