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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 > Credit facility news
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Comment by johnlives1on Sep 04, 2015 6:37am
184 Views
Post# 24078043

RE:RE:RE:RE:RE:Credit facility news

RE:RE:RE:RE:RE:Credit facility news
Kherson wrote: Keep in mind Joe that StainGlass does have the ability to issue Perferred Shares and the interest rate that they are now paying on their credit facilities is close to 10%!
Sadly though, anyway you now slice it, the present equity will be wiped out!
Kherson


Looking at Khersons history, he is an expert on his equity being wiped out.
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