(Editor's Note: Lightstream Resources also trades on the Toronto Stock Exchange as LTS.TO, with enhanced liquidity as compared to LSTMF.)
Lightstream Resources: The company.
Lightstream Resources (OTCPK:LSTMF) is one of many companies involved in exploring and exploiting shale formations in Canada. Lightstream operates solely on the Canadian side of the border. This company operates in 4 segments corresponding to 4 different geographic localities. The first and most mature segment is the Canadian Bakken in Southeast Saskatchewan. The second is the Cardium in Alberta, which is the next most mature asset and is just beginning to generate significant positive operating cash flow. The third segment is Swan Hills, also in Alberta. Swan Hills is in production, but has less...
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