Bullboard - Stock Discussion Forum Spyglass Resources Corp SGLRF

Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.

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Comment by Spencerpingon Jan 03, 2015 9:56pm

RE:RE:RE:Penny Stock Status

Nobody cares what you post, get it yet?

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Comment by tvstockon Jan 03, 2015 7:57pm

RE:RE:RE:RE:The remaining 50% of Dixonville

340million -> 200 million credit limit when they sold the 50% Dixonville + red earth Your preidctions are likely. *** That 50% produce approx 11.4 million free cash ...more

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Comment by roscoe74on Jan 03, 2015 6:38pm

RE:RE:RE:The remaining 50% of Dixonville

If they sell the remaining 50%, they will end up with $95 mm debt and $100 mm credit line

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Comment by queseaon Jan 03, 2015 4:06pm

RE:RE:The remaining 50% of Dixonville

I thought their Hedging was better than most ?

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Comment by seatleslimon Jan 03, 2015 2:16pm

RE:The remaining 50% of Dixonville

Probably more accurate to characterize it as some breathing room. Few of these marginal companies are out of the woods if commodity pricing doesn't recover. Though is interesting that the (post ...more

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Comment by Khersonon Jan 03, 2015 2:07pm

RE:RE:Penny Stock Status

I posted this on December 12th. Spyglass, it is about time that you started axing your bloated management... Kherson

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Post by tvstockon Jan 03, 2015 10:03am

The remaining 50% of Dixonville

if sold for 100 million again, they are basically out of the woods. Am I correct?

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Comment by roscoe74on Jan 02, 2015 9:07pm

RE:RE:RE:Interesting Land Sales in the NE BC area....(Dawson Creek)..

For SGL, it is interesting that all of a sudden, there is a lot of interest in buying at auction for public lands. The bidding is fairly high for fairly dry gas acreage and the biggest bid was for ...more

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Comment by darkstreamon Jan 02, 2015 6:02pm

RE:RE:128,076,720 shrs reduced by appx.~176,500

-only 66,000 shares traded today -no point in buying back and driving up price and have someone short it back down -think right now their support price is .33 -they probably would jump in to try to ...more

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Comment by lantrenon Jan 02, 2015 5:02pm

RE:128,076,720 shrs reduced by appx.~176,500

I wonder if they stopped buying , that is a surprisingly small amount given the low low price per share . Not much room on credit facility , very little cash on hand, and great uncertainty ...more

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Post by power_auditoron Jan 02, 2015 9:41am

128,076,720 shrs reduced by appx.~176,500

as of Dec.31/14. Total costs appx.~$62,664.00......these figures should not be taken as being precise but just a rough cut....the Sedar report will confirm the numbers. For those who like ...more

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Comment by power_auditoron Dec 26, 2014 2:41pm

RE:RE:Interesting Land Sales in the NE BC area....(Dawson Creek)..

Thanks for the correction Roscoe74....for some reason I had SGY on the brain(must have thought SGY and LNV had a spinco?)....if James Hodgkins of Curvature Hedge Fund is correct and ARC is buying up ...more

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