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 sanityseekeron Jun 12, 2014 8:23pm

RE:RE:RE:Price of Oil Remains Strong

If you are so eager to continue to monetize your investment in SGL to the detriment of the longer term prospects of sgl and it's shareholder value, by way of an irresponsible dividend policy, it ...more

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Post by Sukhi19on Jun 12, 2014 1:47pm

Action Needed...

They have to take some action on the options listed during AGM. Balance sheet is not going to heal on its own.

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Comment by shambano1on Jun 12, 2014 9:40am

RE:RE:Price of Oil Remains Strong

sell your shares if you don't want a dividend and why did you buy a dividend stock in the first place. Spyglass will not change their dividend model no matter how much U bTch so either be happy ...more

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Comment by cenderon Jun 12, 2014 9:25am

RE:Price of Oil Remains Strong

DRILL MORE NOW , i dont want my dividend is there a way of sending it back to the company ?,lol body{zoom:175%!important;}

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Post by hawk35on Jun 12, 2014 8:49am

Price of Oil Remains Strong

For most of Q2 the price of oil has been very strong and consistently over 100.00. Today it reached 106.00+ and may go higer with the Iraq situation. And U.S. crude stockpiles have now fallen ...more

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Comment by gofxon Jun 12, 2014 3:55am

RE:why wait to make the obvious fix

Why wait? From the comments early about insider purchases -- to acquire the stock at lower prices while everyone is panicking, fix things up, then go to the bank with a big briefcase.

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Post by cenderon Jun 11, 2014 8:21pm

why wait to make the obvious fix

cut dividend in half , use the extra $17 million to drill 17 more wells per year at these high oil prices it seems crazy not to , also might prevent ...more

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Comment by darkstreamon Jun 10, 2014 11:19pm

RE:RE:re Wrights Holdings

Wright has more say than the avg. board member -he may be the undercover boss?

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Comment by Sukhi19on Jun 09, 2014 12:39pm

RE:re Wrights Holdings

darkstreem, Fortunately Wrightt is not in-charge here. He is a board member. Tom Buchanan is. He is a much better person than Wright. Insider buying is not only by Wright. Others have also bought ...more

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Post by darkstreamon Jun 08, 2014 10:37am

re Wrights Holdings

-Wright likes to take companies right to the edge and try to pull out of the death spiral at the last minute -he did it with PMG and know he is trying it with LTS -he cares nothing about shareholders ...more

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Comment by Sukhi19on Jun 08, 2014 12:57am

RE:RE:RE:Problems with logical assertions

darkstream, you can check Wright's holding on canadianinsder.com. If you log in, you can check for last six months. I am pasing below the extract (from canadianinder) of his purchases:- ...more

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Comment by jelecton Jun 07, 2014 2:06pm

RE:RE:RE:RE:Problems with logical assertions

Also George Armoyan an activist investor on the board. as I posted earlier John Wright on BNN remarked that there was a lot of interest in LTS non core assets so maybe a similar situation with SGL.

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Comment by cenderon Jun 07, 2014 12:27pm

RE:ng prices next winter/ shale oil,gas pricing pressure

exports of ng to mexico looking very bullish- a huge factor in prices remaining strong- along with cooling demand in south and west (cali drought) : "From Bentek yesterday ...more

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