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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, and Greater Sawn. The Sparky operation offers light/medium crude oil production with... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Is there no positive outlook?
View:
Post by ramsberger on Aug 17, 2021 1:56pm

Is there no positive outlook?

Ever since paying off debt  shares are driven down. Morning star fair value around $ 0.90  that means share is undervalued by 50%.
looks like the financial environment has little trust in our grossly overpaid bord of directors or money people would jump at the opportunity of doubling their money while shares are at this bargain price.
I think it would be a possitive to share value if this Astra deal be turned down .
Comment by Joe455 on Aug 17, 2021 2:19pm
SGY needs new management.
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