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.

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Spyglass Resources Corp > No news about dividend

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Comment by sanityseekeron Oct 22, 2014 9:29pm

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Post# 23052866

RE:RE:RE:RE:RE:RE:No news about dividend

For a sensible assessment on what's wrong with this company, I refer you to my past posts, back when it mattered. The discussion at this point is largely irrelevant. If management has less foresight and diligence than a small retail investor like myself with no insider knowledge, there is not much of an operation to salvage.

i managed to unload all but 600 shares slightly above my cost at about $1.72, right after last quarterly earnings release when the reality had become impossible to ignore. I am out a few hundred dollars on the last bit of my position. Not a lot of money, but more than the value of the schmucks running SGL. Perhaps the share price will bounce back, and perhaps it won't. Either way, these guys are shitty Stewarts of capitAl that should not bet bet on.

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