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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 power_auditoron Sep 17, 2014 9:51am
294 Views
Post# 22943447

Cadillacoupe...How sweet!

Cadillacoupe...How sweet!Glad you were a shareholder of Spyglass Resources at one time in your investment lifetime,either before the merger or after but since you claim to have sold your shares; Why hang around to"bash" the Co.?   

Most investors can take a buy or sell of any investment and move on to their next "investment" ideal....you and it seems others here just can not get over the transaction.....and it is this mental road block that does nothing for the shares you claim you had and now claim you have now "sold"?!

Just a comment on your last post Cadillaccoupe.

I wish you and your "investment" in BB all the best.....but please buy a share of SGL and then bash the company!  

*** I was always against a dividend cut here and will continue to believe that SGL has the assets;core and non-core to make shareholders money....unfortunately our problems in fixing and correcting the Dixonville pipeline system is taking longer than I would have expected since the company did provide an est. timeline of around 10 wks or so...I will continue to support them as long as they are open and transparent in returning this core asset back to its pre-~3100 boe/d output.  

Since nobody can predict when problems arise in any business/operation it does me no good as a present shareholder to bash the company for having a pipeline leak...after this core asset is back up and running and contributing 100% to the CF then how the company operates going forward will determine if I stay around or just exit and not post anything to this board,which seems the normal practice of blogging on shares you own more so than shares you do not own....whether today's price is the best price I am going to get for my shares for awhile would mean I want to re-allocate capital to make money elsewhere....time value of money... since the company will be stronger and more viable when the Dixonville is back 100% in the fold,I am willing to stay and wait.

 For those trading houses/funds/individuals who want SGL to sink further....I say go for it......really....the shareprice of SGL will not and can not dictate to management how fast Dixonville or any other core asset performs(trying to invest on an unknown seems a bit hard)(maybe other assets will disappoints?)(I do not have any petroleum engineer experience to know if this will happen only the Sedar filings)....I personnally am not afraid of my investment here,others might have a much different take which is fine and very,very normal.....to each our own,remember..... for SGL the assets(core and non-core) look good to me...and if they fail for my investment here then I will just move on...and live to fight another day.

Good trading shareholders in all your investments.
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