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 darkstreamon Jun 06, 2014 9:25pm

RE:RE:Problems with logical assertions

Wright is the biggest manipulator in the business-he could make a fortune playing poker-be lucky to see $2.25 on any takeout but I would even be happy with that -don't think Wright has a whole lot ...more

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Comment by Sukhi19on Jun 06, 2014 1:38pm

RE:Problems with logical assertions

When LTS was down Wright was buying and he was being trampled over by everybody. Suddenly he is the best guy in the business. He has been buying SGL heavily. My feeling is that they are very close ...more

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Post by Proud_Canadian2on Jun 06, 2014 12:29pm

Problems with logical assertions

Here [and all too often] elsewhere, the problems are such that any missing element can be [and often is] detrimental to the entire edifice [including the “subterranean vault” as well]. If $1.00 label ...more

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Comment by cenderon Jun 05, 2014 4:42pm

RE:To me....

Yes i agree this is definitely smelling like take over material with the bid /ask action . In my opinion it cannot come soon enough ,they need an aggressive partner like alexander energy did for ...more

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Comment by soberinvestoron Jun 05, 2014 4:03pm

RE:Very small increase in short position

IMO these days short position means nothing, can only deceive you with all those so called financial instruments in place. Somebody might short stock buying at the same time options on it to leverage ...more

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Post by PUNJABIon Jun 05, 2014 3:13pm

Very small increase in short position

hort Positions for SGL Symbol Report Date Volume Change Shares Issued % Float T : SGL 2014-05-31 5,677,516 43 ...more

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Comment by soberinvestoron Jun 05, 2014 2:44pm

RE:RE:To me....

I remember when NAV drpped down to under 3/share (about 2 years ago) and everyone was straying away from it making it look worthless. Look at it now 11.50/share that's about 4 fold ...more

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Comment by shambano1on Jun 05, 2014 1:43pm

RE:To me....

SGL is trading at a big discount to NAV and they have a large 600,000 acres of undeveloped land for future exploration. so if this land is uindevelop, it will only be worth so muc but if it's ...more

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Post by soberinvestoron Jun 05, 2014 10:43am

To me....

... SGL is exactly range bound for take over purpose, at least based on my prevous experienses. Any time I saw such trading it was sooner or later in some kind of either pre-take over or pre-merger ...more

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Comment by cenderon Jun 04, 2014 6:20pm

RE:RE:RE:SGL moving up nicely this AM

"I do not think that this stock is being capped by someone to suppress the share price for a takeover. However short sellers’ interest is served when the stock is under pressure, capped ...more

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Post by shambano1on Jun 04, 2014 1:53pm

dividend announcement next week

current SP equals yield of almost 16%. I don'tr see the company changing their dividend in the current commodity prices environment. new cessword,glauc well will be connected soon and we will ...more

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Comment by PUNJABIon Jun 03, 2014 1:10pm

RE:RE:SGL moving up nicely this AM

I trade this stock from time to time. This stock is range bound with negative bias till the company gets its act together. In the meantime the only way to make money is by trading it. This company ...more

309

Discussion

Comment by cenderon Jun 02, 2014 5:47pm

RE:SGL moving up nicely this AM

Looking at the bid/ask the last few weeks , it seems to me we either have 1)a very large player is boxing in the share price for a possible takeout offer much like happened to renegade ...more

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Post by shambano1on Jun 02, 2014 10:35am

buyers don't want to be known

Recent Trades - Last 10 of 196 Time ET Ex Price Change Volume Buyer Seller Markers 10:16:50 T ...more

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Post by shambano1on Jun 02, 2014 10:32am

SGL moving up nicely this AM

maybe the cessford well is coming on-line soon and the numbers may be very profitable? plus a followup cessford well is planned in q3. what else can be moving our SP higher today on good volume. or ...more

285

Discussion

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