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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 Sonofmshadeon Jun 29, 2016 8:54am
142 Views
Post# 25007754

RE:RE:RE:LTS LOC was cut $900M in one year

RE:RE:RE:LTS LOC was cut $900M in one yearExactly! Unfortunately we do not know what is transpiring behind closed doors. On the surface this should be a fairly simple process but the million dollar question is - How deep is the corrupt criminal intent of those trying to break this company?
Based on metrics, common sense, market trends etc....there is zero rational or justification for this company and its shareholders to be held hostage in this fashion.
The company was doing everything correctly since this just before this downturn hit. Has reduced debt, costs etc....and for some to try to pull the rug out so quickly and at this moment in recovery is not only shortsighted and unjust but borderline criminal.
Lets hope Wright is as pis**ed off at the sheninigans as most of us are and will really want to make some people eat crow.
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