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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.


GREY:SGLRF - Post by User

Spyglass Resources Corp
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Comment by zagorskon May 20, 2013 8:27pm
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Post# 21418561

RE: price to book ?

RE: price to book ?

         I have not seen the pro forma book value for SGL but I imagine it will be quite low.  

         PACE had a BV of about $8.00, CHX was trading well below Book.   

         PCE, CHX and AVF were sold off very badly. I would guess P/BV at less than .5 .  

             

 

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