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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 76Monteon Jan 04, 2015 4:54pm
461 Views
Post# 23284296

RE:RE:RE:RE:RE:Penny Stock Status

RE:RE:RE:RE:RE:Penny Stock StatusGreetings:
I took the time to re-listen to their recent (mid December) conference call.  At approx. 24:50 - 25:20 into the call it was indicated that Spyglass could potentially survive oil netback prices as low as $35 to even $30 (Canadian) per barrel.  Maybe the financial situation isn't as dire as the market suspects?
Here is the link:
https://www.spyglassresources.com/files/conference-call-2014-12-17.mp3


GLTA

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