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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.


TSX:SGY - Post by User

Comment by geezer21on Nov 09, 2021 8:43am
130 Views
Post# 34103855

RE:Why do insiders allow share price to decline?

RE:Why do insiders allow share price to decline?"Why do insiders allow share price to decline?
I can tell you why.........because they have done detailed analysis and know the true value of sgy stock is only $2.50 given its market value, debt, and other considerations like aro"

So you know they do detalied analysis.

How do you know that?  Do you know them?  Where you there when they were doing detailed analysis? 

Thanks for sharing this inside information you have on shorters.
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