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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. > Q3 2016 FINANCIALS RELEASED
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Comment by BluSky23on Oct 27, 2016 11:26am
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Post# 25392657

RE:RE:RE:Q3 2016 FINANCIALS RELEASED

RE:RE:RE:Q3 2016 FINANCIALS RELEASED Yes, write down analysis in a diligent company is tested every quarter. Oil prices are higher now than Q3 and Q4 2015, yet a large write down after Q1 this year. Reversals need to be done, or questions asked who was asleep at the wheel and allowed the write downs not to be done at proper time. Whoever signed quarter end statements needs to be held accountable, to all stakeholders, including shareholders.
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