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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)

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Comment by bambuson Apr 10, 2015 12:41pm

RE:RE:RE:what did i miss

the same thing happened to my stp stock... im trading with td
Comment by steve0on Apr 10, 2015 12:00pm

RE:RE:what did i miss

i live in manitoba trading with cibc
Comment by Pandoraon Apr 09, 2015 11:21pm

RE:what did i miss

STPJF is the American listing and I see 61,500 shares traded on April 8th. Where do you live and where do you trade i.e. what broker.
Post by steve0on Apr 09, 2015 10:46pm

what did i miss

so i had 100.000 shares of stp then it was halted and after a bit my account had no shares of stp gone... now i today after i about a month i have all my shares back under stpjf. Whats going on ...more  
Comment by monzieon Apr 06, 2015 9:07pm

RE:RE:April 2-025 12.00 PM MT

To answer your question bambus this is from the company's last news release -  "Strategic and financial alternatives to be considered may include, but are not limited to, the sale of ...more  
Comment by birdie22on Apr 05, 2015 1:40pm

RE:RE:April 2-025 12.00 PM MT

That is what the Company proposed, moniter agreed and Court approved, but hopefull that it was bid  as a going concern  going forward.
Comment by bambuson Apr 05, 2015 1:21pm

RE:April 2-025 12.00 PM MT

Was asset sale the only option here ?
Post by birdie22on Apr 02, 2015 2:38pm

April 2-025 12.00 PM MT

Just a few more mintues to make a bid for the STP assets then its closed and the die may be cast. Should hear someting by April 24 when the existing extended Stay expires. GLTA 
Comment by bambuson Mar 31, 2015 6:01pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Affidavit: "...McKay and Senlac ...grossly mismanaged"

Well, looks like GASFRAC shareholders are getting ZERO ... unsecured db holders may be getting something though...
Comment by dbinvestoron Mar 19, 2015 6:57pm

RE:RE:RE:RE:RE:RE:RE:RE:Affidavit: "...McKay and Senlac ...grossly mismanaged"

Refelcting on this more I see the point of the Affidavit from the 2nd lien holders. The buyer of this train wreck will reap the reward when he takes an axe to the cost areas as is normally done after ...more  
Comment by dbinvestoron Mar 19, 2015 6:35pm

RE:RE:RE:RE:RE:RE:RE:Affidavit: "...McKay and Senlac ...grossly mismanaged"

An updated monitor's report has just been published. From mar 8 - Apr 25 cash flow forecast they would be operating  at a 26% loss. Based on the affidavit perhaps there's room to cut ...more  
Comment by Pandoraon Mar 16, 2015 10:44pm

RE:RE:RE:RE:RE:RE:RE:common stock holders

Except for those that happened to have it in an RRSP, RIF or TFSA. But then you only put bonds and GIC's in those right. Nothing with a risk -- oh, you say bonds are risky.
Comment by bambuson Mar 16, 2015 1:55pm

RE:RE:RE:RE:RE:RE:common stock holders

I was trying to find a company that went under CCAA protection and that came out of it with common share holders benefiting in some way....nothing, cant find a single one. We just have to make piece ...more  
Comment by birdie22on Mar 09, 2015 8:59pm

RE:RE:RE:RE:RE:common stock holders

Maybe mid April we will hear something after the SISP closes on April 2.
Comment by SamuelSamuelSamon Mar 09, 2015 6:43pm

RE:RE:RE:RE:common stock holders

Hello, Do you have a guess when this will all come together? One way or another.
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