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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

Post by bonjovi501on Aug 21, 2014 3:01pm
349 Views
Post# 22866329

New 52 Week Low ---$1.55

New 52 Week Low ---$1.55There are deals and then there are deals. I have been a shareholder from over the $2.00 days and have seen the share price slide and the divi cut. I would not be surprised if they cut the divi in half next time or all together. I would rather they put all the money towards the debt or more drilling to get us some value. How low will we go? I can not see us dropping below $1.50 as buyers will come in hand over foot. I will continue to hold as I expect oil to rise back over $100 before years end.
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