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Bullboard - Stock Discussion Forum 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 Discussion

Lightstream Resources Ltd. > Oil Glut over
View:
Post by bushhog1 on Jun 23, 2016 9:01am

Oil Glut over

After two years of pain, the market has finally worked off the global glut of crude that slammed oil prices, Saudi Arabia’s energy minister said in a newspaper interview published Wednesday.

“We are out of it. The oversupply has disappeared,” said Khalid Al-Falih.

https://www.marketwatch.com/story/saudi-energy-minister-just-declared-the-oil-glut-over-report-2016-06-22
Comment by orlandofl on Jun 23, 2016 9:07am
the oversupply has disappeared, hope that is true, question is will Lightstream disappear - hopefully not unless it is for a premium
Comment by highrider2 on Jun 23, 2016 10:41am
This post has been removed in accordance with Community Policy
Comment by PROtrading on Jun 23, 2016 11:30am
That's not the question here "bash to buy" brokerage clown trader.  LOL The only question from 19 cents is how high will it run on any asset or refinancing news!  And that my friend, is the question.  I say a quick double.  Have you seen Penn West or were you too busy Cast and Chasing your little fishies in recent months scumbag? So everyone, buy at sub 20 ...more