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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (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. > Reason for halt
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Comment by orlandoflon Jul 13, 2016 1:50pm
201 Views
Post# 25049220

RE:RE:RE:RE:Reason for halt

RE:RE:RE:RE:Reason for halt
oilman53 wrote: Did anybody (Except Protard and his 4.20 dollars a share mantra) actually expect the common shareholders to come out ahead with this debt load?

from 15 cents usd - it could reasonably go to $0.25 USD if the deal goes through - not huge upside, but based on current stock price it might go up or be near a break even.

At half that price it would have a market cap of $500M plus debt or $900 M market cap.

At $10 a share (25 cent equivalent) it would have  a market cap of $1B plus debt or around $1.4B - not unrealistic
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