Southern Pacific Resource Corp STPJF

Energy Oil & Gas E&P

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-McKay property consists of oil sands leases totaling approximately 37,760 acres. The Company’s operations also include Anzac, Hangingstone and Ells. The Company’s STP-McKay property is located approximately 45 kilometers northwest Ft. McMurray. The Anzac project covers approximately 117 kilometers of two-dimensional (2D) seismic. The Company owns 80% interest in Hangingstone project. The Ells project covers approximately 164 kilometers of two-dimensional (2D) seismic.

GREY:STPJF - Post by User

Southern Pacific Resource Corp

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Post by awol1on Dec 18, 2008 12:54am

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Post# 15653405

roh

Well the share prices of both stp and roh have dropped huge since the last offer was tabled. Wonder if they traded even for a bag of hockey pucks and a couple cases of empty beer bottles.
LG what do u have to say about the new arrangement? That could explain the increase in volume in recent weeks.
Is the share price going to remain flat or slightly increase in months to come? thoughts appreciated, i'm very much in the red on stp but continuing to hold for the long run, wondering about averaging down....
good luck to all.

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This junior mining stock offers billions in market exposure