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Bullboard - Stock Discussion Forum Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.

GREY:SGLRF - Post Discussion

Spyglass Resources Corp > Too leaky
View:
Post by Sukhi19 on Jun 30, 2014 11:47am

Too leaky

-Debt.
-Pipeline issues.
-Yield too high.
-Management changes.
-Hedging at low rates.
-Inability to sell non-core assest whhen Nat Gas and Oil prices are good.
Comment by sanityseeker on Jun 30, 2014 12:09pm
sukhi19 - You are double counting some of the problems. The high yield is not itself a problem. Just an indication of the markets discount on the stock arising from the actual problems.
Comment by cender on Jun 30, 2014 5:30pm
i am getting to like this leaky boat , cessford and all body{zoom:175%!important;}
Comment by Joe454 on Jun 30, 2014 5:54pm
This post has been removed in accordance with Community Policy
Comment by jelect on Jun 30, 2014 7:49pm
bought some more after the email .
Spyglass Resources Corp
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