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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 adamsighton May 09, 2014 11:38pm
488 Views
Post# 22546782

I suspect that they are p/o

I suspect that they are p/oYou dont get committment like theirs, I am sure someone at stp knows someone there well and right now its sorry I cant tell you that!!!!
Tell us or we will dump
and well here we are.
Seeing the 1p 2p and 3p valuations made me happy to me it means we wont have it sold out from under us for a song and dance.
I know they cant get those prices but is makes getting .50 + a share a lot more realistic.
I woulndt say a sale in imminent or they would not have bought the icds they need.
Time will tell.
I AM SO GLAD we have buying going on I was so scared we would be sub .10
Its nice to be at .245 SOOO NICE
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