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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-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

Post by NewNanaimoon May 09, 2013 1:44am
182 Views
Post# 21355816

Rumours and Running Scared

Rumours and Running Scared

Here's a more likely scenario...a select group of less that scrupulous persons started feeding bad news "inside" info rumours to the small, newbie traders, who swallow the bait and the whole mess starts rolling downhill when they push the "get out " button with their clients.  Ask yourselves this....if this was such a loser stock who's doing all the buying and why ???  It's all part of a really scummy game that goes on all the time, and the name of the game is manipulation.  It's also why our resource sector isn't doing as well as it should be doing.  Sorry folks, reality is that it will never change as the system is broken.  Or to put it another way...in this game you can't make big money by playing fair and being honest, and it's the retail investors that get screwed every time.

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