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Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company is focused on acquiring a diversified portfolio of assets. It has a portfolio of production and development opportunities in the Deep Basin of Alberta. It is focused on the execution of the Company's organic drilling program, delivering operational synergies.


TSX:SDE - Post by User

Comment by Seppelton Apr 27, 2023 12:08am
195 Views
Post# 35416222

RE:RE:RE:RE:RE:RE:RE:RE:RE:Insiders filling their pockets

RE:RE:RE:RE:RE:RE:RE:RE:RE:Insiders filling their pockets

Like it or not but this is how these guys are doing it. I remember, owning Renegade, I believe in early 2014. Its top management quit, the board was involved in a proxy fight and shares fell below $1. Then a company named Spartan something came from nowhere with an offer no one could refuse. It was a paper company, tons of shares issued and little producing assets.
Even the current Delta at some point in 2020 had a few billion shares outstanding and then they consolidated 1:100. Has anyone complained that McHardy and Kalantzis were financing it at one and two cents before consolidation? So they paid about $1.50 post consolidation and we, retail investors had a chance to buy below $4 and today it is $15. 

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