Devon Shire
Long only, newsletter provider, oil & gas, small-cap

Lightstream Resources - Two Options To Eliminate Debt And Potentially Triple Its Share Price

Lightstream Resources (OTC:LSTMF) is a company that the stock market hates.

Why does the stock market hate Lightstream Resources?

The answer is simple. The market thinks the company has too much debt.

I believe a single transaction could completely eliminate that concern and give this company a fresh start with a pristine balance sheet. I also believe that such a transaction could more than double the Lightstream share price in very short order.

This company is debt heavy, but also asset rich. Reducing that debt would also significanly reduce the big discount the market is applying to the valuation of the assets.

Lightstream was formed in 2009 when the Canadian business unit of Petrobank merged with Southeastern Saskatchewan...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details