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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

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Post by zinger99 on Aug 25, 2020 7:31pm

Entered

Bought a starting position today after tracking SGY for awhile.
August presentation indicates all prodcution should be back on line by end of August. 
Debt reduction planning statements reflected consistently in latest disclosures.
Anyone seen any recent Q2 research notes? RBC is not formerly covering SGY.
Thanks 
Comment by Cheadle12 on Aug 25, 2020 7:40pm
I'm thinking the same, stock seems to be hovering around .31c.. could be good for an oil recovery considering Surge is almost a pure play Oil name. Watching closely, but I'm also hesitant as I don't want to join the ranks of the prolific Surge bagholders on here, and there sure are a lot of them. Kherson is a Surge bagholder Hall of famer for sure.
Comment by zinger99 on Aug 26, 2020 9:19am
WTI Crude is up again today - $43.60 as of 0915. Hopefully this will continue to help them dig out from some of the debt load and improve ratios. 
Comment by Kherson on Sep 15, 2020 9:20pm
Sounds to me like Cheadle12 was ready to jump in on August 25! But by September 11, he had a change of heart. Keep in mind that by reading Cheadle12 posts on other SH boards, you will realize that he does do good DD and usually knows what he is talking about. Therefore, how and why did Cheadle12 change his opinion from August 25 to September 11 so quickly on Surge ...more  
Comment by Cheadle12 on Sep 15, 2020 10:38pm
Kherson is smart guy. He really has a very sharp "head" on his shoulders. Maybe he's been treading "water" for a while in Surge. But perhaps his patience in the name will pay off, handsomely and the water will turn into wine...  time will tell ! :)
Comment by RayDonovan78 on Sep 16, 2020 10:44am
Hey Kherson, I have a question for you.....Why no more Che.un or Mark bashing on the Chemtrade board.....Was it a phone call or a cease and desist letter ???
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