Spyglass Resources Corp SGLRF

JOHN WRIGHT's HOLDINGS

[Sukhi19]

In last seven months,John Wright has bought $15 miilion worth of SGL shares at a an average price of $1.83. They seem to be planning something. Tele-conference also suggested options like Non-Core Asset sales, NOEL , Joint venturs etc. LTS was down in dumps but has recovered a lot. John Wright had bought LTS also when SP was down. Seems to know what he is doing.  SGL does appear to be under-valued. SP has been recovering nicely since the meeting. Fingers crossed.  DYDD.

[PUNJABI]

What you are saying is not listed in  insider reports on SEDI under John Wrights name. According to filings of John David Wright, last time he bought 50000 shares at $1.83 on Jan 17, 2014. Previous purcahses from Nov 11, 2013 were ( backwards )  50000 + 76300+50000+164600+135000+165000+114800+150000+50000 Total shares owned are just 880, 055 shares and at todays price of $1.84 it

[Sukhi19]

Punjabi, I guess you are valso saying $16 million. I had done a rough calculation of $15 million.

[Sukhi19]

Sorry Punjabi, I was wrong. It should have been 1.5 million. My apologies!