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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 > Halt
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Comment by bullmarketson Nov 26, 2015 11:54am
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Post# 24328263

RE:Halt

RE:Haltthe properties are mainly SH$T.. buying something that produces little cash flow and has abondonment liability, is a stretch..  but maybe they got a bid.. or maybe they extended the deadline to give them more time.  Bank really does not have that many options.. but the asset is depreciating, so sometimes the sooner you pull the plug the better..  

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