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Bullboard - Stock Discussion Forum Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
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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Comment by eusdondon Dec 11, 2014 3:46pm

RE:Soon to be 10 cents

jjeery , the Jerk ? He's living in the house of shame nowadays after telling everybody just as loud as He could that the merger was going to be the best thing since sliced bread and attacking any ...more  
200
Discussion
Post by dave77on Dec 11, 2014 3:23pm

merger...

Merger sounds good....what's the worst that can happen?
166
Comment by stellar8on Dec 11, 2014 3:19pm

RE:Break up value?

I'm thinking it will sink further. This time around the vultures are going to let prices go below rock bottom before acquiring. I'm waiting for the low .20's....bids are in.
181
Discussion
Post by freedom-1970on Dec 11, 2014 2:28pm

Break up value?

Lots of plays will merge or just be taken over next yeat, any opinions on a buy out price?
211
Discussion
Comment by rad10on Dec 11, 2014 11:03am

RE:Soon to be 10 cents

LOL - Jjeery!   Most of us have taken our lumps with various O & G stocks.  The JJeerys of the world are like Jerry Springers guests - they serve to make us feel a little better about ...more  
278
Discussion
Post by dave77on Dec 11, 2014 10:07am

Back in

I was in the same boat as you F-Charlie.   Just got back in though as it may finally be oversold ! In aprox. 6 months ...I can see the divy at about .06 / year and a SP around .60.   They ...more  
290
Post by fatcharlieon Dec 11, 2014 9:52am

Soon to be 10 cents

Management can take a bow for driving this one into the ground.  I was an original owner of AVENEX sold right after the disaster and walked away with a 50% loss.  Never liked the deal and ...more  
279
Discussion
Post by Khersonon Dec 11, 2014 8:40am

Penny Stock Status

About two months ago when the share price was about a buck Canadian, I stated on this SH board that Spyglass needed to eliminate the dividend. Someone posted that they had received an email from ...more  
384
Discussion
Post by leo101on Dec 10, 2014 2:02pm

ouch

real men don't capitulate.
227
Comment by queseaon Dec 10, 2014 11:32am

RE:RE:What will happed to the sp with out a dividend?

What happens when the $300 mill debt is called in.
212
Discussion
Comment by roscoe74on Dec 10, 2014 11:28am

RE:What will happed to the sp with out a dividend?

It won't go down more than 40 cents
162
Discussion
Post by Khersonon Dec 09, 2014 10:23am

Penny Stock?

Today we are seeing most O&G companies in the green, but not Spyglass. The question that has to be now asked by investors is how low will this stock go when they announce the elimination of the ...more  
375
Discussion
Comment by seatleslimon Dec 07, 2014 1:47pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:The question is , Is the dividend safe?

Opinion, yes. Expert, no -- honestly embarrassingly amateur based on my experience thus far with SGL. But, yes, in my opinion they should eliminate dividend and aggressively sell some assets -- even ...more  
330
Discussion
Comment by seatleslimon Dec 07, 2014 11:24am

RE:RE:RE:RE:RE:RE:RE:The question is , Is the dividend safe?

I'm sure where net backs end up, but oil price is down 30% for now. Are all 14kbeo/day economical presently? Also, you might be leaving out the capital requirement to achieve 14k, even if it does ...more  
226
Discussion
Comment by power_auditoron Dec 06, 2014 5:15pm

RE:RE:RE:RE:RE:RE:The question is , Is the dividend safe?

When I look at the Co. Seatleslim I am zeroing in on the ~14000 boe/d..give or take 200 boe/d for "slippage" or whatever... the people(still 200+?) running this operation and  they all ...more  
306
Discussion
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