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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

Surge Energy Inc (Alberta) > SURGE IN DIRE NEED TO FIND NEW INVESTOR'S
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Post by ariesleaf on Nov 25, 2021 10:30am

SURGE IN DIRE NEED TO FIND NEW INVESTOR'S

With a debt at $330 mil No new money for Drilling new wells.Running a bare bones company hard to find workers in todays market. Maybe time to Merge is now. Clock is ticking.
Comment by papaloapan on Nov 25, 2021 11:04am
I have lost all confidence in Surge, and have sold out, putting the proceeds in Africa Oil - more serious company, very undervalued, lots of future visabilibty and significant catalysts not priced in.  Surge may well surprise me, and good luck to Surge holders, but I sleep better at night now.
Comment by ariesleaf on Nov 25, 2021 3:31pm
Any one buying the shares.?
Comment by littledave55555 on Nov 25, 2021 6:36pm
I bought more last week... a lot more, double my investment .... an i look forward to the future.... I know for a fact that there are some new money coming are way GO SGY GO !!!! 
Comment by slipperyslope2 on Nov 25, 2021 7:09pm
Well if littledave says it's a fact, then it's a fact.
Comment by bdeparde on Nov 25, 2021 11:04pm
I bought 6000 shares of sgy in the last 10 days this is my next Cj stock. Cashed out 13500 shares of Cj at an average price above $5
Comment by ziggy1410 on Nov 26, 2021 12:24am
Eric still negative on Surge, appears they have to demonstrate comittment to pay off debt,,,The 21000Bbl production rate should pay down debt quickly,,,,The controlled share total is very manageable,,,,,,$3 per share net profit is "Gobs" of money...Raymond James sees this
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