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Lightstream Resources (LTS.TO)

DON'T BUY
An under performer. Had considered buying but didn’t and is glad he didn’t. He will wait until he sees them turning the corner.
COMMENT
Likes the growth and the growth in the light oil Bakken area. Prefers to own through Petrobank (PBG-T). (See Top Picks.)
COMMENT
Had a tough year. A tax-loss selling candidate and he’ll be looking at this fairly seriously going into the tax loss-selling season. (To Buy? Ed.) Likes it. Have few accounts that own a little bit.
DON'T BUY
Doesn’t know management. Have had problems delivering on their production guidance. Prefers Crescent Point (CPG-T).
BUY
Have had a few production set backs, most recent weather related. On valuation, it’s extremely enticing right now. Management over promised and under delivered so it’s in the penalty box.
HOLD
Hasn’t done as well as other Bakken plays and he doesn’t know why. Great dividend of about 5%. Great properties. Has a good shot at doing better.
BUY
5.1% yield, which is a surprise for him. Doesn’t know if this will be maintained. Has done quite a bit of Buying in the Bakken and perhaps in the Cardium. Good company and if you are patient this could be a good buying point.
BUY
Significant position in the Bakken play in Saskatchewan. Reasonable value. Have some concerns for longer term on the price of oil. As a small portion of a portfolio, it is a reasonable entry.
DON'T BUY
A “show me” situation. Would prefer Crescent Point (CPG-T). Have been missing production targets on a fairly regular basis and took a run at some Cardium properties in Alberta that investors weren’t too happy with.
STRONG BUY
Just reported and numbers were weak but a lot of their drilling locations are in southeast Saskatchewan. Record rainfall and all kinds of difficulty getting to the drilling. Cardium play looks quite intriguing and next couple of quarters should be quite good..
SELL
Longer term it looks interesting but he needs a better understanding of the decline rates. Decline rates now are closing in on 40%, making it difficult for them to grow. Spending a lot on exploration in the Cardium with some results being just OK. Needs to see some improvement out of the Cardium.
DON'T BUY
The assets are not of the quality of Crescent point. It will be a challenge for them. It looks interesting at the $19 range.
COMMENT
Great job of assembling oil assets. Main focus was Bakken. Did a terrific job of growing organically with an aggressive drilling program but aggressive drilling programs give you a very high decline rate. Some renewed interest in the company now. Moved into the Cardium via a number of relatively expensive acquisitions that are starting to show some good success.
COMMENT
Cheap. Petrobank (PBG-T) would be a better way to play it as they hold an interest in this plus Petrominerales (PMG-T). The problem with this stock was that they had over promised and under delivered.
WAIT
Large footprint in the Saskatchewan one Bakken play. Large land position through consolidation. Valuation was a little rich and is now starting to be an averagely valued stock. Would like to see continued operation improvements and for the stock price to settle.
Showing 136 to 150 of 189 entries