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Sunset Pacific Petroleum Ltd SSPAF

"Sunset Pacific Petroleum Ltd is a junior resource exploration company based in Canada. It engaged in the acquisition, exploration, and development of oil and gas properties in Tunisia, North Africa. The company properties include Bougie Trutch and Trutch East."


GREY:SSPAF - Post by User

Post by TbonesNhashon Aug 29, 2018 11:26pm
76 Views
Post# 28540366

SPK- Near-term share Price Target: $1

SPK- Near-term share Price Target: $1My foray into Sunset Petroleum, and why I own a large stake...

Quite some time ago I happened to hear of a property, discussed was a large oil rich basin in the southern tip of Tunisa. Fast-forward many years, while reading the report below it dawned on me, this was the company holding this prized property:

https://quantresearch.net/marketadvisory-spk-v-april-2018.htm

Read the attached link within the research report (leaked by the company, but should have been just disclosed to shareholders) and you will see why I have been loading up on shares in this company. The reserves are absolutely massive. As you can see this would take very little to get over 1$.

This board has been a wealth of info, especially in displaying the short-sighted mgmt., shady use of warrants/options, etc. If they stopped using this company as a piggy bank for short term gain they would be sitting on vastly larger sums of money.

Thanks for bringing this Tom guy to light, I had know idea his presence behind the scenes, or his shenanigans.

Earlyrise, any thoughts on how we can change the script and force mgmt to realize the value in this play. Thoughts? Are you still holding stock? Your input is appreciated
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