Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Southern Pacific Resource Corp STPJF

Southern Pacific Resource Corp. is a Canada-based company, which is engaged in the thermal production of heavy oil in Senlac, Saskatchewan on a property known as STP-Senlac, and thermal production of bitumen on a property located in the Athabasca region of Alberta known as STP-McKay, as well as exploration for and development of in-situ oil sands in the Athabasca region of Alberta. Its STP... see more

Bullboard (GREY:STPJF)

View:
Post by marketdebentureon Dec 31, 2014 2:43pm

STP debentures have defaulted. no interest is paid

The amount isn't $153 and the interest is not $20 since the debentures have defaulted and won't be paying interest. why should the buyer pay the seller interest? Do you trade debentures or the ...more  
Comment by birdie22on Dec 31, 2014 2:12pm

RE:RE:RE:Why TSX no trading and ALPHA-A trading this morming ?

There was on Alpha at 10.54 a.m. Looks like 300 units ( 2 trades ) at .51 cents = $ 153.00 plus 4 days interest of about $20.00 T:STP.DB - SOUTHERN PACIFIC RES. CORP. 6.0 PCT DEBS ...more  
Comment by ShatnersRugon Dec 31, 2014 12:35pm

RE:Why TSX no trading and ALPHA-A trading this morming ?

214,000 shares out of 235,000 shares traded on the TSX today. T-STP Trades              ...more  
Post by mumu55on Dec 31, 2014 12:24pm

Why TSX no trading and ALPHA-A trading this morming ?

See Quote Media ... Level 2 ... I don't know why ???
Comment by nikeherculeson Dec 31, 2014 12:10pm

RE:RE:Another Canadian success story

Fact is most of these juniors are started up on a kitchen table or a bar. A "rigpig" decides that working as a drone at Imperial Oil and decides to build something. That takes guts, and if ...more  
Post by wdr2on Dec 31, 2014 9:14am

Another Canadian success story

Man oh man this is getting old.High expectations with very little results.Who comes out ahead.Some rigpig that ends up sitting on the BOD who give themselves huge paychecks .It is scandalous how many ...more  
Post by birdie22on Dec 31, 2014 8:23am

IIROC Trade Resumption - STP.DB

IIROC Trade Resumption - STP.DB;   08:18 EST Wednesday, Dec 31, 2014   TORONTO, Dec. 31, 2014 /CNW/ - Trading resumes in: Company:& ...more  
Comment by Pandoraon Dec 31, 2014 1:53am

RE:RE:RE:30 day cure period

And I'm sure he deserves $5M bucks for orchestrating this complete disaster. It's probably something no ordinary person could have done.
Comment by bmofoshizzon Dec 31, 2014 12:06am

RE:RE:30 day cure period

The math on a debt equity swap of second lein and debs at conversion price of 0.10/sh almost works out. Although, I'm still not sure they'd be able to pay Credit Suisse their interest at ...more  
Comment by bambuson Dec 30, 2014 11:56pm

RE:RE:RE:30 day cure period

Why wouldn't they just declare bankruptcy instead of going to 30 day cure... That's gonna happen anyway after 30 day right ? Are they still trying to buy time ? Let's end this already ...
Comment by marketdebentureon Dec 30, 2014 8:06pm

RE:RE:30 day cure period

there is no spoils, this companies owes suppliers, landlords, bondholders money. declaring bankrutpcy or CCCA equity owners don't get anything or liable for company debts.
Post by marketdebentureon Dec 30, 2014 8:04pm

Debenture traders

Anyone here trade the debentures. how are the settled in your account with the brokerage. all the brokerage says the buyers pays the interest to the seller?
Comment by marketdebentureon Dec 30, 2014 8:03pm

RE:RE:RE:30 day cure period

the equity is worthless in under CCRA creditor The Companies' Creditors Arrangement Act ("CCAA") same with the debentures if there is nothing left to pay employee wages, secured ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities