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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 > The question is , Is the dividend safe?
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Comment by seatleslimon Dec 07, 2014 1:47pm
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Post# 23204147

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:The question is , Is the dividend safe?Opinion, yes. Expert, no -- honestly embarrassingly amateur based on my experience thus far with SGL. But, yes, in my opinion they should eliminate dividend and aggressively sell some assets -- even in these miserable market, to salvage an NAV that is much higher than stock price. If articulated properly -- in my useless opinion -- the stock would go up from here.
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