Spyglass Resources Corp SGLRF

RE:RE:RE:RE:No news about dividend

[Kherson]

Kherson wrote:

power_auditor wrote: Why?   Are they FCF negative Kherson?  13300 boe/d even with a $15 or so net back gives them flexibility to weather the next few months....I do not see a reason to "panic" as you believe they should.  The CEO for some reason was not able to stop the slide in share price so why should he "panic" now????!  A nice small clique of people in Calgary moving from company to company.....no need to "panic".

kherson when you "talk" to the company have they mention how their core area is recovering?  

Considering respected Fund manager Bill Bonner-Brickburn Asset mgmt)(On BNN) had a less than flattering comment a few days back on the company's operations must mean something.   He had no faith(to keep his funds here) in the people here to fix the problem quickly it seems....looks like he was right on the money!  

$2.00 to $1.03(might be less as I write this) in less than 6 months...this is what shareholders should be concentrating on...and here is a new release(guide) for directors responsibilities in Canada...just something for the ir people(how many are on the payroll in this dept?) to read and pass along to whomever they feel would benefit from reading this guide.

https://www.newswire.ca/en/story/1428856/directors-responsibilities-in-canada-a-practical-guide-to-navigating-shareholder-regulatory-and-other-stakeholder-interests

Nobody forces any shareholder to buy a stock and conversely no shareholder has given the people running the corporation a free pass to collect a paycheque at their expense.  If the current people managing the operations here are not able to fix the problems, then why are they allowed to stay around?