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Bullboard - Stock Discussion Forum 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... see more

TSX:SDE - Post Discussion

Spartan Delta Corp > Upgrade
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Post by retiredcf on Mar 30, 2022 7:34am

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Spartan Delta Target Raised by Cormark C$19.00 C$20.00 Buy
Comment by Jmark1 on Mar 31, 2022 10:57am
They are spending $330k just to maintain current production. Seems like a lot.   
Comment by TouchDown12 on Mar 31, 2022 10:59am
Surprise! They are sandbagging. They love to surprise to the upside - hince price lift today. Are you short (nothing personal)? TD12
Comment by Fyordian on Mar 31, 2022 11:41am
If you have time to burn, look over past few months of posts and you'll find some decent discussions about the guidance assumptions. You're right though, it's overstated and conservative. Underpromise and overdeliver is the house rule.
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