Lightstream Resources (OTCPK: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...
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