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.

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Southern Pacific Resource Corp > My enthusiasm for STP is gettig weaker.

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Post by alfinoon May 21, 2014 6:47pm

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Post# 22584759

My enthusiasm for STP is gettig weaker.

Last month we had the ICDs in mind and a resolution to the issues seemed so close, now I just see a board of directors and a CEO who have paid themselves handsomely and starting to pull away from action and just looking into finding someone to adopt this sick puppy...pure laziness and we shareholders shouldn't reward that with buying more of the shares or voting for sell, I won't , at least not till I see that oil comes out of the ground, at this point no one is gonna pay more for STP than what we are seeing here (.2-.3) , nobody pays high for a sick puppy, no matter how much oil and infrastructure is there, get it fixed and then we sell!

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A junior copper-gold stock trading at a bargain of monumental proportions