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."

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Lightstream Resources Ltd. > BREXIT! Flight of European investors to Canadian oil!

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Comment by orlandoflon Jun 25, 2016 11:04am

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Post# 24998226

RE:RE:RE:RE:RE:BREXIT! Flight of European investors to Canadian oil!

PeterWright wrote: Survivor2015 and Bushog are the same poster. Where else can you find 2 guys using book value while evaluating oil companies. Put them both on ignore emmitt.

there is one other using book value as well - somewhat entertaining that they think this is a no-brainer 10 to 40 bagger. I am hoping for survival first then increase in oil prices and for them to recover, but it won't be easy. If they can survive for a year or two the assets might get them a higher price, but right now it is a minor factor.

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