Spyglass Resources Corp SGLRF

Insider Overview :: Spyglass Resources Corp. (T:SGL)

[Seppelt]

John Wright bought 50,000 shares last week.

[power_auditor]

Great vote of confidence when the CEO of a $1.5B company decides to increase his position in little old Spyglass to the tune of roughly 900,000 shrs give or take....I do not have the exact number off hand...we might be getting an update anyday now on that new Cessford well tie-in and hopeful some news out of the Noel area. Still it seems somebody is intent on keeping a lid on things here....today

[hollyberries]

He now owns 930,055 post the latest 50,000 share purchase (source SEDI.ca).  I agree this is a good sign.  

[power_auditor]

Thanks.   I understand the BOD have a 3 yr timeframe to buy some shrs from last yr.  Wonder what George and Co. is up to lately....I see Geosam bght more of the Holloway Reit last night...as always still looking on the positives here...Scotia's tgt of $1 or not...! I am curious to know how this $1 tgt price is given when in the NAV from Scotia they have us over $4.50?!!!  Very

[Seppelt]

$1 tgt price? This analyst probably called at the wrong time and was told to get lost. At today's oil prices and improved natural gas fundamentals, it should be worth a lot more. I guess, most investors realize that this is a marginal dividend model but it's all priced in and the play here is based on low market valuation. I hope the management is opting for a merger

[jelect]

I have a small position in SGL. analysts are all over the map on this. an analyst on bnn thinks they are crazy to maintain the dividend. Morningstar thinks it is fairly valued at 1.76 the activist investor has been silent as far as I know. so its a wait for another quarter for me.