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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 > 1.62
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Comment by sanityseekeron Aug 26, 2014 9:27pm
219 Views
Post# 22880771

RE:RE:RE:1.62

RE:RE:RE:1.62I'm quite surprised that anyone here believes steps would need to be taken to suppress the price of this poorly run leveraged up company, or that it could ever soar to infinite. Further, if those in the know were in fact keeping price down to undervaluation levels, I woul expect to se some insider buying now or soon. If running a company poorly could result in a future soar to infinity, there would be a lot more millionaires. Agreed that there is limited downside at this price because it is cheap, but it can stay cheap forever under a management that doesn't create value, or become expensive at this price if value continues to be destroyed.
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