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Surge Energy Inc (Alberta) T.SGY

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

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 compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. It has low-cost wells with short payouts and the potential for continued area consolidation. The Valhalla operation offers a stacked pay multi-zone potential with light oil and provides a range of area infrastructure and access to multiple egress options supports attractive operating netbacks. Its Greater Swan operation consists of concentrated light oil assets with conventional slave point reefs.


TSX:SGY - Post by User

Comment by Dilborgon Nov 23, 2021 12:54pm
86 Views
Post# 34157709

RE:RE:This Thread is filled with Haters!

RE:RE:This Thread is filled with Haters!
pennydredful wrote: Bitter   people  that  lost  money  on  Surge  in  the past  ----cannot   let  it  go   and  move  on  and  this board  lets  them   express   their   emotions which  may  give  them some type  of mental satisfaction.  .      Any    Pychiatrists   on board  to  explain it...............................


Not a shrink but I can tell you that from a Financial Investment Strategy perspective, there's not much to gain, unless they are gaining financially from shorts.

A Surge bag holder who hasn't met their bottom exit price should be looking at buying more stock to lower their position.  These incredibly affordable prices mean even someone who bought in at far above 6$ could level out their average position and possibly profit from selling when the stock goes back above 5$.

I bought in at 5$ and have certainly spent the last week levelling my position for more favourable returns when the stock does get back to the 7$ range.
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