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Spyglass Resources Corp. Message Board

  • mentges mentges Apr 25, 2014 7:48 PM Flag

    One year dividend anniversary -

    I figure at 15%, if they pay out for three years, I will have received 45% of my initial investment back - at 4 years 60%, etc. I just read the annual report and cover letter - they obviously are here to stay (or at worst be acquired). A small company like this is more risk than Facebook or some other tech junk, but do you really want to put your financial future in the hands of fickle teens who flit from one social network to another? . . .give me oil and gas any day!!

    Some day soon Spyglass will get the respect it deserves, in the meantime I keep acquiring more shares whenever I have "spare change." Not to slam Spyglass, but at these prices it is less than a lottery ticket.

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    • TPTB are trying everything they can to suppress the Commodities. Just in case there is a rise associated w/ Ukraine. Russia only happens to be the World's Largest Oil Exporter & the World's Largest Gas Exporter. It is obvious that any significant attempt to squeeze them on Oil & Gas Revenue will drive prices UP..........and UP a lot.

      The Keystone debacle also adds pressure on the "perception" of an Alberta "margin squeeze". Once O&G Prices start to run-up the olde "National Security" Card will bull-doze the pipeline/fraccing opposition.

      ALL it will take to unlock the $4.65 NPV of the Assets here is ONE key Sale, but not a very large Sale, to knock-down the Debt Level & accelerate Growth.

      This is my current Largest Position & it grows weekly. I have reviewed everything I could. I cannot believe the Current Valuation. 2 Years from now it will look like one of the Best Picks I ever made. AND I get my 15% Ticket Punched EVERY Month.

      Sentiment: Strong Buy

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