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Lightstream Resources Ltd. Message Board

  • tommccauley31 tommccauley31 Mar 22, 2011 1:02 PM Flag

    Oversold Bargain:

    This company has one of the largest land
    positions in the Bakken and pays a monthly
    dividend of .08. US companies like Whiting,
    EOG, Brighum, Northern, are all at 52wk
    highs while Petrobakken is lagging.
    IMO we are going to see a nice return in
    2011 and beyond, as the market realizes
    this overlooked gem.
    With monthly compounding this div'd.
    has a higher yield than it appears.
    Enhanced recovery will also provide
    better results at the wellhead this
    yr. and beyond. This is the gift that
    will go on giving.

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    • tommccauley:Good post!This will move as the word spreads.A gift in the making. IMO!

    • I've seen your post on JNR Resources as well.

      At the moment I'm looking at Petrobank (or Petrobakken), Petrominerals and JNR Resources.

      I already own a tiny amount of Petrobank and Petrominerales, but may want to add some more.

      Not quite sure at the moment whether to buy more Petrobank or start buying Petrobakken. Petrobank owns over 50% of Petrobakken.

      Any ideas? More Petrobank or buy Petrobakken.

      Most uranium stocks, so JNR might be a bargain as well.

      • 1 Reply to savage_planet
      • Hi Savage, I own some Petrobank, and as you
        know it is the parent of PetroBakken, and the
        recent spinoff Petrominerales. I do not think
        you can go wrong with either, but like the
        Bakken/Cardium play because of the potential.

        In the Ur sector, I have held DNN and
        JNR Resources since Sept-Oct. Both have
        pulled back with the Japanese Nuclear
        situation, but are good buys at present.
        I also like TimberWest, the largest
        timber producer in the Pacific NW.
        TWF timber products to China, Japan.

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