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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 Jan 20, 2015 8:42pm
541 Views
Post# 23341971

It was very timely of Eric Nuttall of Sprott...

It was very timely of Eric Nuttall of Sprott...to take a call today on BNN Mkt Call and tell every listener/shareholder in Spyglass to sell,sell and sell again while you can get 0.28cts...instead of the alternative....which from his tone seems to imply {its demise} might be in the cards...mind you he never actually said we are going "belly up"(but said to sell ASAP!!!!) being that Spyglass is a bit "over-leveraged" at this time of $47WTI and sometimes a bird in the hand(0.28cts) is better than two in the bush(0.00cts)....(but later in the show he believes $70WTI is possible in the Fall)...since all callers are "screened" by Eric and BNN before going live on-air...Eric must have decided to take a stand with Spyglass mgmt today....just a thought.  I wonder if they received the message?  

Probably not.
 
https://www.bnn.ca/Shows/Market-Call.aspx 
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