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 > Want the stock down or?

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Comment by nikeherculeson May 28, 2014 3:14pm

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Post# 22606799

RE:RE:RE:RE:RE:RE:Want the stock down or?

Monzie,

I have used "that kind of assessment", clumsily traded my entire position around the news releases (in some cases causing panic in the marketplace, sorry guys about May 6th) and pulled 11 cents of risk out of my 500,000 share investment @ 0.175ish for 2014.

As of yesterday, it's now 250,000 given the latest ICD AER filing earlier this month and will be at zero before August notwithstanding a surprise conclusion to the strategic review.

I'm still a little underwater given 2013 and losing patience with STP.

....and I know I'm not the only one.

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