Spyglass Resources Corp SGLRF

RE:Biased Advice

[Kingscourt]

I am a Spyglass shareholder, and I have no trouble giving an honest opinion. I am not a basher, as I would like nothing more than for my investment to regain previous territory.  With that being said, none of the companies involved in this merger were producing profits (two of them were nowhere close). Two of these companies also could not afford to pay a dividend. The only dividend that was being payed, was supported mainly by Elbow River, which is now gone. Tom's record with Charger was nothing less than a train wreck. Those that wish to blame that on NG prices are free to. The way the entire merger went through was very questionable at best, delaying votes on more than one occasion until management got the vote they wanted. This speaks volumes to their credibility. Imagine the conservatives kept delaying elections until they got voted in. Reducing the dividend right out of the gate was the icing on the cake. As I said, I am really hoping for any good news whatsoever, but I'm not crossing my fingers. If they can make any progress on paying down the large debt load while refraining from cutting the dividend anymore, I would say that would be cause for some optimism.