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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.


GREY:SGLRF - Post by User

Comment by CanadianJrson Dec 21, 2014 10:23am
326 Views
Post# 23253696

RE:Mock 3, speed.

RE:Mock 3, speed.Its good for a quick flip but remember they may be buying back 10% of the float but they still plan on divesting 10% or more of the company be cautious with this play is all I have to say. I averaged down this week and sold out at $0.46 on friday at a 5% loss. I feel till they get their base figured out and can come out with a steady production out look this play is too risky to stay in for the long term. Just my feeling and opinion everyone so don't take it to heart I still plan on watching this stock. It may have good potential for when oil prices rise again and they stop selling key assets.
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