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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with... see more

TSX:SGY - Post Discussion

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Post by scienceguy36 on Aug 04, 2021 2:29pm

Relax and

Lets take a deep breath. The priced of oil is down significantly and so is SGY. Uncertainty over where the price will settle after reverse split so SGY is down. Concern over Surges hedging prices being negotiated low (we don't know if they were strong armed into excepting these). So with all this uncertainty surrounding Surge its normal in my opinion for the price to tank until some of this uncertainty is addressed.
Someone is interested as they just bought 456,000 shares at .475. I am in for 50,000 shares at .72 and staying in for the long haul. Curious to see what the share price will be after the split.
Good luck to all the longs that didn't panic and sell low.  I suspect that is what happened to the constant bashers.
Comment by WanTBe1 on Aug 04, 2021 3:10pm
scienceguy36 Did you have Eagle Energy Inc.? 
Comment by winterishere on Aug 04, 2021 3:10pm
Hard to relax when this is sinking like a stone and there is a reverse split coming up. I'll bet that most of us wish that  we had never heard of this lousy company.
Comment by WanTBe1 on Aug 04, 2021 3:22pm
Did you hear about Spyglass Resources Corp. was an intermediate oil & gas company headquartered in Calgary, Alberta. The Company filed for receivership in 2015.?    
Comment by pennydredful on Aug 04, 2021 3:46pm
It   was   a  favour    of    Trevor   Plow,s  . 
Comment by TimeBuilder on Aug 04, 2021 7:42pm
Spyglass Resources   :>(   WOW We owned a pile & got to eat them all with NO tax right off  Not one of our better investments...could be our # 1 in loss ever...Live & Learn & do not look back.. Thanks for the bitter memory  Regards TimeBuilder  Note:  Very:Happy we dumped SGY.T  @ .56 cents & can use the tax right off this year..  ...more  
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