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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.

Bullboard (GREY:SGLRF)

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Post by Khersonon Dec 24, 2014 9:49am

Clarke Inc.

I believe that they are now unwinding their position in Spyglass... Kherson
Post by power_auditoron Dec 23, 2014 9:17am

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

between  ECA and VSN/KKR....even  LXE.V(spin-out of LNV and SGY) news today is of some interest....for the "potential"(yes,it is only a thought) of Spyglass to  monetize our ...more  
Comment by CanadianJrson Dec 22, 2014 8:54pm

RE:RE:RE:RE:RE:RE:RE:RE:Mock 3, speed.

I'm not going to argue with someone that's ignored by 285 people make that 286. It just shows me most of stockhouse thinks you're an uneducated twit.
Comment by CanadianJrson Dec 22, 2014 6:47pm

RE:RE:RE:RE:RE:RE:Mock 3, speed.

Yes I still own shares cause the commissions on an odd lot are too much. But if that matters to you Joe then you're not worth warning
Comment by CanadianJrson Dec 22, 2014 4:43pm

RE:RE:RE:RE:Mock 3, speed.

Sorry and they still have $182 million and net debt is still $195 million and only able to borrow $200 million so not much room to play with.
Comment by CanadianJrson Dec 22, 2014 4:38pm

RE:RE:RE:RE:Mock 3, speed.

TD Waterhouse rating as of 3 days ago Spyglass Resources Corp. (SGL-T) C$0.43 Suspending Coverage With a 20% decline rate and and more then 10% divesting to come. A low oil price and low ...more  
Comment by Dbunkeron Dec 22, 2014 3:37pm

RE:RE:RE:Mock 3, speed.

Couldn't agree more darkstream if they return ten percent less shares for cheeper than 100,000 000 then that would be a huge win. Great move, one which they could use to take over other companies ...more  
Comment by darkstreamon Dec 22, 2014 11:26am

RE:RE:Mock 3, speed.

-they are allowed to buy back 78000 shares per day plus block purchases -hope they are doing this starting today
Comment by CanadianJrson Dec 21, 2014 10:23am

RE:Mock 3, speed.

Its good for a quick flip but remember they may be buying back 10% of the float but they still plan on divesting 10% or more of the company be cautious with this play is all I have to say. I averaged ...more  
Post by Dbunkeron Dec 20, 2014 4:12pm

Mock 3, speed.

December 18, 2014 Spyglass Resources Corp. Announces Closing of Previously Announced $100 Million Asset Sale These guys  don't mess around they already lowered dept with this money. Never ...more  
Comment by gofxon Dec 19, 2014 11:48am

RE:CIBC "analyst" or not?

Seems to me the bank is thinking it's a good time to buy... 
Comment by power_auditoron Dec 19, 2014 9:26am

RE:RE:RE:RE:RE:I forgot to add the other "analysts" in our parade...

Shev72....this is was was so perplexing with those "analysts" doing the downgrades....yes Scotia got it right,actually all of them got it "right" on calling SGL to drop....so now.. ...more  
Comment by shev72on Dec 19, 2014 7:34am

RE:RE:RE:RE:I forgot to add the other "analysts" in our parade...

I listened to the CC.  I found it quite positive.  I am curious about the 12 million or unrealized revenue they mentioned at about 6min,  apparently based on hedging.   ...more  
Comment by PUNJABIon Dec 19, 2014 7:30am

RE:Drop in short position

Sorry wrong short position Short Positions for SGL Symbol Report Date Volume Change Shares Issued % Float T : SGL 2014-12 ...more  
Post by PUNJABIon Dec 19, 2014 7:28am

Drop in short position

The short position dropped in case of SGL while short position of most oil stocks increased. Even at these low prices some are still shorting oil stocks. Short Positions for LRE ...more  
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