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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

Post by fatcharlieon Dec 31, 2015 3:46pm
283 Views
Post# 24422841

This has been in the cards for a long time

This has been in the cards for a long timeJust looking back two years when people like jjeery were predicting this would be $3.50 within 6 months.  Got royally bashed on this board for exiting at $2.50 which I based on the poor management & track record of SGL managers with the merger.  Took a 50% loss but felt I made the right decision by what I was seeing.  Fast forward 2 years and this is a total writeoff for investors.  Writing was on the wall for a long time for SGL and there were plenty of red flags here.  Sometimes you just have to cut your costs and get out.   Wonder where all the major pumpers have gone?
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