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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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. > HEAVY VOLUME, where are you buddy!!!
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Comment by PeterWrighton Jun 27, 2016 3:12pm
110 Views
Post# 25002253

RE:RE:HEAVY VOLUME, where are you buddy!!!

RE:RE:HEAVY VOLUME, where are you buddy!!!Holdernko, you have to realise that what LTS traded at last time oil was around $40 is irrelaevant. The company is totally different now. Less production, debt wall is staring them in the face etc.
When oil was in the 90's this was trading over $30,  etc etc....totally irrelevant in accesing the companies value today. Take the time figure out what the natural gas is worth in each area of production and for oil then you'll get a good feel for the value of this company. DO NOT EVEN LOOK at book value! I think an objective valuaton of this company will have you realise tat the risk is much greater then the possible reward. I still have debt higher then assets.
Good luck.
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