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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 power_auditoron Dec 05, 2014 9:34pm
277 Views
Post# 23201891

RE:RE:RE:RE:The question is , Is the dividend safe?

RE:RE:RE:RE:The question is , Is the dividend safe?Interesting comment there Seatleslim.   So if the stock goes to $5.00 or 0.05cts the dividend policy is based on the shareprice?  

I am very,very confident that the  folks in this company IR Dept. read this board......beats having the CEO going out and being interviewed by a reporter or heaven help him a "shareholder" to account for the dismal shareprice performance since their last DIVIDEND CUT.....remember that?   What was the excuse....was it because the STREET was looking for a cut?

I did not see the financial need last time for a cut....since it all seems to point to operational issues.....and if the company operational performance was at the top of its game and the CEO was on top of everybody to perform at 110% for the good of all shareholders then the shareprice would not have dropped like a stone from the last dividend cut...Why has ROI not been held up against the company management team here to have the BOD replace them all?

I believe it is time for the CEO to be held accountable and not the "dividend"!

What was the value of the seismic data in the last deal on our books????



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