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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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Comment by halkirkbobon Nov 21, 2015 12:15am

RE:RE:Zombie Directors

https://nbfm.ca/en/corporations/global-energy/spyglass/
Post by Azzenmcelbowon Nov 19, 2015 10:42am

They don't lust for brains…

They Lust for flow through shares.
Post by pennydredfulon Nov 18, 2015 6:37pm

ZOMBIE DIRECTORS

ANYBODY   voting     for     them    ?       I  wonder  why  they    are ...more  
Comment by bullmarketson Nov 18, 2015 5:16pm

RE:RE:RE:Zombie Directors

thanks.. -- yeah basically its a badly run shop --- good think is they will be bankrupt soon enough..
Comment by Jimmy2014on Nov 18, 2015 12:26pm

RE:RE:Zombie Directors

https://business.financialpost.com/news/fp-street/zombie-directors-show-that-tsxs-new-rules-to-bolster-shareholders-power-arent-working
Comment by bullmarketson Nov 17, 2015 11:01am

RE:Zombie Directors

can you provide link -- could not find it..  thanks national bank is marketing the southern alberta properties.. but i dont think they will get much of a bid, if any..   with an ...more  
Post by Khersonon Nov 17, 2015 5:33am

Zombie Directors

Very interesting article in the National Post about the abuse of director majority voting results and SpyGlass. Hopefully the TSX will better enforce or change it's rules soon on this type of ...more  
Comment by longterm99on Nov 17, 2015 12:08am

RE:RE:RE:RE:ON dec. 17

A revolving credit line is a demand loan as opposed to a term loan which is what they had. Now the bank can demand payment at will. The end is near.....
Comment by Want2Citon Nov 16, 2015 9:27pm

RE:RE:RE:ON dec. 17

So why would the banks let them replace their $100 million borrowing base with  $100 million revolving credit facility if they saw no future in them? Have they got something that they are going ...more  
Comment by bullmarketson Nov 15, 2015 1:57pm

RE:RE:ON dec. 17

it will be interesting to see if the bank put them into ccaa.. they need to come up with money at the end of the month..  they have southern alberta package up for sale, but i doubt they get a ...more  
Comment by HarryHairyon Nov 15, 2015 8:23am

RE:RE:ON dec. 17

This Kherson clown is an expert on his holdings going bankrupt !!
Comment by Khersonon Nov 15, 2015 8:13am

RE:ON dec. 17

SpyGlass will be seeking CCAA protection before December 17th! Kherson
Comment by darkstreamon Nov 10, 2015 11:37pm

RE:ON dec. 17

this is exactly what they are begging for-this time everyone of them will get voted out and their prearranged exit packages will kick in a few days prior to going into receivership -they will get ...more  
Post by pennydredfulon Nov 10, 2015 8:31pm

ON dec. 17

we  get   to  vote  out   the  same  directors   we  voted  out  last  time  ?    I  guess  ...more  
Comment by bullmarketson Nov 10, 2015 8:26pm

RE:5 cent level is just around the corner.................

funds flow year to date is a bit over 21 million. so about 28 million annualized.. unless oil makes it over 50 in a hurry its game over here for equity. G&A is still over 3 bucks a barrel-- WTF ...more  
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