Southern Pacific Resource Corp STPJF

Merry Christmas to all STP shareholders

[stockmyster]

Well not the year I was hoping for. The share price has finished down near the 52 week low. I have been staring into my crystal ball that is mearky at best and believe we are at a bottom here. Tax loss selling sure took it`s toll on the sharesprice as I think everyone last summer was hoping for big things for the end of the year which didn`t materialize. First I think we have already put in a bottom and things should get better from here on in. Lots of cash in the bank from the private placement. The rail cars to be delivered next month. Ramping up of production and the tell tale will be the financial results released the first part of february. Oil is trading up and the sooner we can get our oil to market down south the better prices we get for our oil. I will predict that we break the 52 week high next year when we start approaching that 12,000 bpd production. The markets are always sobbering. Once upon a time we were all waiting for this day when the steam was turned on and production started. The share price reflected that enthusiasum. Well here we are and our share price is near the bottom. I think a mearky cyrstal ball is sometimes better than a clear one.

Wishing everyone good tidings and waiting patiently for our ship to sail.