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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.


GREY:SGLRF - Post by User

Comment by Seppelton Jun 17, 2014 10:38am
332 Views
Post# 22666418

RE:RE:RE:RE:RE:Spyglass declares 2.25-cent June dividend

RE:RE:RE:RE:RE:Spyglass declares 2.25-cent June dividendp_a,
Thanks for advise about timing, etc. After 30+ years investing, I am still learning...
I have invested enough in SGL, more than $150K, and I will definetely will not sell my winners. Looking back about 5-8 months ago when I was accummulating CPG, ERF, LTS, SGY, etc. and RPL+LNV (now taken over), I wish, I would sell SGL in favor of the above, instead of averaging down. That would be great timing, but investing is not a perfect game... I am doing well so shouldn't complain and I never blame shorts for poor SP preformance.

As a shareholder, I am not advocating a dividend cut. However, if it happens, there may be a short market selloff and I will probably add more.
The current change in leadership reminds me of Putin-Medvedev-Putin move. Let's hope better things will happen with Mr. O'Byrne officially in charge. 
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