Bullboard - Stock Discussion Forum Spyglass Resources Corp SGLRF

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.

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Spyglass Resources Corp > bloated

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Post by leo101 on Jul 28, 2014 2:30pm

bloated

Spyglass has 7 vice presidents on the payroll. I'm sure this company good be just as poorly managed with 3 vice presidents. If you buy shares in a crappy company at a low price, you still end up with shares in a crappy company at the end of the day.

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Comment by Soup83 on Jul 28, 2014 3:12pm

Maybe I less VP if the rumours about Bob Guy are true.

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Comment by Joe454 on Jul 28, 2014 8:20pm

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Comment by jelect on Jul 28, 2014 10:42pm

108 employees . you need a vice president for 108 employees??? how about a personnel manager??

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Comment by darkstream on Jul 29, 2014 12:04pm

Bob Guy fired today Likuski promoted to VP

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Comment by PUNJABI on Jul 30, 2014 8:45am

Company needs to reduce staff, dividend & debt. Overstaffed & still having repeated issues with leaks. You need managment changes. Poor direction. Company should get rid of dead wood.

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Spyglass Resources Corp