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

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

Energy Oil & Gas E&P

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

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Surge Energy Inc (Alberta) > Assets

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Post by geezer21 on Nov 11, 2021 6:19pm

Assets

Rather than have everything in cash I have some paintings on my walls. They are assets. As time passes they become more valuable. They are earning money.

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Comment by downtozero on Nov 11, 2021 8:03pm

Yes and if you have a mortagage on your paintings and every quarter you lose money, eventually the bank will own them an you'll own nothing.

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Comment by ppp on Nov 11, 2021 8:19pm

The problem with half the people here is they live in the past. Look into the future. The future looks bright. This is an oil company oil is over 80 they will have FCF, I was pissed at Q3 also, but I got over it, so should everyone else. The share price went down because of it. If you think oil will stay at these prices next year buy because they will make a pile of cash. If you think oil will go ...more

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Surge Energy Inc (Alberta)