Spyglass Resources Corp SGLRF

Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.

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Spyglass Resources Corp

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Comment by skygardenon Jan 24, 2014 10:39am

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Post# 22129733

RE:Break out

We have been at this price before only to see it slide back--I would be hesitant to add to my holdings at this time. Whatever the reasons for the increase (RRSP season, NG prices, dividend payouts) the core issues remain--people were still posting about the high debt levels and a possible dividend cut.

After a relatively unimpressive Q3 we shall see how the q4 results turn out when released on March 5. The shareprice has already had quite a run (closing up each week over the past six weeks). Consolidation is probably to be anticipated until the q4 results come in or some news comes out.

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