gordoffh

Insider buying and now buybacks right now I hope we can all make money even if it is the money we used to have this fall was painstaking Lightstream Announces Renewal of Normal Course Issuer Bid and Entering Into of an Issuer Repurchase Plan Agreement CALGARY, ALBERTA--(Marketwired - Nov. 10, 2014) - Lightstream Resources Ltd. ("Lightstream" or the "Corporation") (TSX:LTS), is pleased to announce that the Board of Directors of Lightstream has approved a renewal to our normal course issuer bid (the "NCIB") and we have entered into an issuer repurchase plan agreement (the "Plan") with a designated broker to allow for the repurchase of our common shares (the "Shares"). The Toronto Stock Exchange ("TSX") has accepted the Corporation's notice to make a NCIB to purchase outstanding Shares on the open market, in accordance with the rules of the TSX. As approved by the TSX, Lightstream is authorized to purchase up to 19,182,776 Shares, representing approximately 10% of the public float of Lightstream, being 191,827,757 Shares as of November 6, 2014. On any trading day, Lightstream will not purchase more than its average daily trading volume over the previous six months, being 234,384 Shares (other than under a block purchase). As of November 6, 2014 Lightstream has 200,636,311 Shares outstanding. Lightstream is authorized to make purchases during the period from November 12, 2014 to November 11, 2015, or until such earlier time as the NCIB is completed or terminated at the option of Lightstream. Any Shares purchased by Lightstream under the NCIB will be purchased on the open market through the facilities of the TSX and other markets including ALPHA, OMEGA, PURE, Chi-X and Match Now, at the prevailing market price at the time of the transaction. All Shares acquired under the NCIB will be cancelled. As of November 6, 2014, no purchases have been made under Lightstream's previously announced NCIB.

2 more buys for LTS wright himself for 200,000 shares and another at 40,000 i take any positive i can at this point

If you check cdn insider now 3 individuals bought LTS in the mid 2's if i read it right d. Themig purchased 192 k shares if its his money i would say he sees value

Pretty impressive quarter a little over half of 200 m buyback utilized good growth increasing guidance great hedging I needed this

I wonder what kind of selling pressure there would be if LTS dropped below margin requirements in Canada which is 3 I believe . that along with tax loss flipping might be real bad. This is an important 3 quarter release. These guys better get it right.

at the low today for LTS market cap is less than the assets sold earlier this year under 700 m the wheels on the truck i backed up are sinking deeper in the now apparent world glut forever of oily quicksand incredible

Good news lets take this stock higher

As Encana sells off gas assets. Bought oil at the top sells gas. Who is right?

perhaps Saudis will stop the fall in oil prices http://www.bloomberg.com/news/2014-10-23/oil-climbs-as-saudi-arabia-said-to-cut-supply-to-market.html an early Christmas present would be for the Saudis to be aggressive in supply cuts and an announcement by\ Lightstream that all issues are resolved at Swan Hills at they are good to go

Next if you do a quick and dirty NAV it comes out to approx. $3.8/shr. My conservative quant model gives a sub $2/share NAV (down from $6, and it takes into account other assets and liabilities). So basically the company destroyed 60-70% of value with a terrible return on a huge capex. It's gone, the company is nearly worthless for equity holders. This was also in a time of high oil prices. really? recommended in jan and 9 months later stock is worthless

can you say short squeeze finally something positive

Lts now trading at close to valuation of assets they just sold this year this is crazzzy are these cardium and bakken assets and netbacks a fabrication was there coverage of dividend a falsehood the debt is a couple of years out is the world now in a surplus of 50? Dollar oil for a couple of years by the way added under 4 today

these insider buys being reported on Yahoo board - if correct not insignificant when added to those mentioned below 10/9/2014 Everett R Dobson Director Buy 44,300 $3.87 $171,441.00 10/8/2014 Everett R Dobson Director Buy 30,400 $3.90 $118,560.00 10/6/2014 Everett R Dobson Director Buy 53,900 $3.98 $214,522.00

A lot of green on the board now. Has sanity returned. We are not going back to the stone age. We need oil and the cheap stuff to be found is not around anymore.

Perhaps the thread should be renamed CDN oil patch giveaway. The way these stocks are falling if we do see 70dollar oil they, ll be at zero. Anyway added more LTS this morning. Feel like I am poker table ready to go all in