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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) > Gotta love Eric's charts.
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Post by captwade on Feb 25, 2022 12:26pm

Gotta love Eric's charts.

Three weeks ago, during the Adelaide Capital presentation, Paul Colborne talked about introducing the expected dividend (likely next quarter) at a rate that would approach 8% (at today's price).  One might think then that Surge would be a natural buy for Eric's new energy income fund, especially looking at his latest chart.
Comment by Al42 on Feb 25, 2022 12:32pm
someone is buying it now
Comment by ROIcrusader on Feb 25, 2022 1:04pm
I just had the exact same thought, that the Ninepoint Income fund is accumulating. BTE, CJ and SGY are all 2x avg daily volume. All near instituting large dividends while recently Nuttal said he could not find large blocks of shares available in some of his desired names. You can't write covered calls on shares you don't own!