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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 darkstreamon Jun 28, 2016 11:54pm
158 Views
Post# 25007263

D Day

D Dayassuming LTS is worth $460M at stated book value would issuing 200M shares to debt holders for $230M equity work? -that would knock the book value down to $1.15 but the company would survive -at $50 oil the book has to be dam close maybe higher?
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