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Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company is focused on acquiring a diversified portfolio of assets. It has a portfolio of production and development opportunities in the Deep Basin of Alberta. It is focused on the execution of the Company's organic drilling program, delivering operational synergies.


TSX:SDE - Post by User

Comment by TouchDown12on Jul 29, 2021 1:23pm
222 Views
Post# 33623914

RE:Everything Is Relative

RE:Everything Is Relative SDE just became a very different company than it was yesterday. They will now have to succeed in a different way than they did yesterday. Everyone has to decide if SDE can change the success 'formaula' and be a better company as a result. If getting to 100K/day was the vision they just took a big step. I am re-framing my SDE investment as one that mirrors BIR on metrics BUT is more oil and is trying to grow. BIR isn't trying to grow but to extract value from previous growth and lower debt.Anyone who has had success with the BIR and CR (and many others) over the last year will have to decide where to re-deploy success in order to mutiple the success. BIR will hit it's potenatil a few years before SDE does (IMO). So SDE is now 'the next win" after the BIR and CR wins for me. It''s a different risk/reward formula but it reminds me of BIR as a mindset. I have done very well with BIR (which i still hold and haven't sold) and hope to duplicate it with the SDE team in a slightly different way. I have been buying this AM to supplement my earlier purchases. GLTA TD12
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