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Bullboard - Stock Discussion Forum Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company has a portfolio of production and development opportunities in the Deep Basin and the Duvernay. It is focused on the execution of the Company’s organic drilling program in the Deep Basin, delivering... see more

TSX:SDE - Post Discussion

Spartan Delta Corp > In for the first time
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Post by EstevanOutsider on Feb 08, 2021 1:39pm

In for the first time

added 2000 shares today.  Trading at a huge FCF yield.  No debt.  AECO is in beast mode and this company is selling into AECO which is turning out to be the best basis in North America when considering transportation costs.

I have a bit of a vendetta against their Director from Cequence Energy but oh well, we'll put that in the rear view and wish them the best.

Ninepoint (Eric Nuttall) owns 1% of the company and Sprott has a large holding. It will be a top pick of several in the near future. Big targets from the banks. Most never heard of it.  Buy it before it becomes a more known name imho.

Cheers
Comment by Seppelt on Feb 09, 2021 12:02am
Good luck. I have no issues with that director, whatever he has done. It's the chairman and CEO who are running the show. They stole the asset; steady low decline production, interests in infrastructure, little or no debt soon to be cash on hand and low share count. Little known and thinly traded but can move fast when people notice. It's a laggard this past week compared to my other ...more  
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