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"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."

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Lightstream Resources Ltd. > EIA Petroleum Inventories - light in the tunnel for LTS

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Post by ALLMAX on Jun 08, 2016 10:40am

EIA Petroleum Inventories - light in the tunnel for LTS

EIA Petroleum Inventories:

Crude -3.2M barrels vs. -2.7M consensus, -1.4M last week.

Gasoline +1M barrels vs. -0.7M consensus, -1.5M last week.

Distillates -1.8M barrels vs. -0.1M consensus, -1.3M last week.

Futures +1.15% to $50.99.

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Comment by number1hit on Jun 08, 2016 10:57am

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Comment by oilman53 on Jun 08, 2016 11:12am

You are so full of shiite... You have obviously never dealt with Banking syndicates and have no understanding of how they work. Trying to get rid of the bad apples? I don't know if I should laugh or cry when I read this kind of verbal diarea!

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Comment by number1hit on Jun 08, 2016 1:24pm

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Comment by PeterWright on Jun 08, 2016 1:30pm

number1hit, I don't think you really understand what's going on here. Lenders already have 2 lawsuits against this company. Negotiating is going to be extremely hard. Juniors with this much debt have no leverage. IF they raise 121 million it will greatly reduce future growth.

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