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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 orlandoflon Jul 25, 2016 10:34am
232 Views
Post# 25081251

RE:RE:RE:Who is going to lose more?

RE:RE:RE:Who is going to lose more?
Silly2016 wrote: Yes they are going to get the whole pie but with much less value and the progress will be out of their control. I feel at the end there will be a deal with some modifications on the current proposal. But in the SH, any body has knowledge what is the true value of LTS assets?



Probably around $1.5B, but no one wants to take on $1.5B in debt so they would need to have it converted to stock and wipe out debt.  I think an offer would have to be a stock transaction right now.
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