Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 boarderex86on Jul 16, 2016 12:12am
179 Views
Post# 25058259

RE:RE:RE:RE:RE:Blame management!

RE:RE:RE:RE:RE:Blame management!They started cutting and selling assets at the end of 2013, before oil even dropped.  And $1000/day is the cost of a (low cost) consultant.  If you want to run an oil company you have to pay the market price.

Sorry everyone but I am tired of all the oversimplification and hindsight comments.  Own your mistakes and stop pretending this was some sort of fraud or negligence.  

UppersDowners wrote: LTS has run this business to the ground and have not made the cuts needed to survive. I know people who work for LTS that still make $1000K a day consulting and laughing at the money this still make. Not to sure why LTS never made the big cuts and reduced expenses further. Live like a king die like a king I guess.


<< Previous
Bullboard Posts
Next >>