Longview Oil Corp LGVWF

Sprott calls LNV "low quality assets" detrimental to SGY

[rexfrancis]

Did anyone hear Eric Nutall on BNN last week? According to him, Surge was attempting to build a reputation for accumulating "elite" assets and now institutional investors are dumping SGY "faster than he's ever seen" because they consider the LNV assets to be substandard. He believes SGY has been hurt by it's pursuit of LNV.

[Serge001]

Yes I heard Nuttal say that.   I hope he's wrong. Paull Colborne seems to have bought shares of SGY himself at $6.30 so I expect he was doing DD for his own sake on the deal.  He should have enough experience to know what he's doing.  Aside from that I think his compensation is through the increase in value of SGY. I thought he was not taking a salary.

[jd43xl]

If Nutall owned SGY shares, buying LNV would be the best thing ever.

[itsalie]

all you have to do is look at this guys past picks, most are down 50%.. then have a look at sprott mutual funds.. down a ton.. these guys looked like stars when gold was king but they didn't see the drop coming..

[itsalie]

Robert Lauzon here is what this guy had to say about surge.. now compare this guys track record to nutcase "Thinks the 9.5% yield is sustainable as long as oil is in the $85-$100 range. It is in their DNA to try and bump their dividend once a year and they have done that this year already. He is looking for it to be in the $6.50 range 12 months out, maybe higher. An 8% 9% yield and 10