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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

Bullboard Posts
Comment by hawkowlon Nov 07, 2005 3:38pm
28 Views
Post# 9835193

RE: Rational re G.Dawson

RE: Rational re G.DawsonThanks for your response .I appreciate your input. A higher bid from PES.UN or POS is possible. Trying to rationalize how insiders are thinking. My bet is they decide to go private with an offer in the $17 range. In hindsight insiders then can reward themselves with a special dividend of $1. The deal becomes self financed .Then regular dividends of .25 cents quarterly. Then in 3 years or so they can trust this out for around $30. By the way its Peters on the buy side most of today.
Bullboard Posts