Southern Pacific Resource Corp STPJF

I believe we are all forgetting a very important fact

[freedom45]

In the Fall of 2013 STP had their backs up against the wall and .50 may have made sense............we are no longer in fire sale status.........WE do not have to sell unless WE want to.........rail conytract in place,the operations appear to be figured out and the money is available and secure to continue forward and become cash flow positive. .............the value of this company will be based on STP being a cash positive "going concern" with extensive assets and reserves....................why would Lutes now want to give the company away with what knowledge he has obtained in the last 4 months............ Call me naïve but don't call Lutes naïve...............WE are finally at the point we thought we'd be at last year when WE could have paniced. The stars have aligned so panic WE will not. Just waiting for May 31 date to pass ...................just sayin !

[oilcansam]

May 31??  is this recorded somewhere.  or are you just specualting. 

[JR5]

Recent Sedar Documents View Original DocumentSouthern Pacific amends availability of credit facility2014-01-31 16:39 ET - News ReleaseMr. Byron Lutes reportsSOUTHERN PACIFIC ANNOUNCES AMENDMENT TO CURRENT CREDIT FACILITYIn addition to the previously announced review process, which included revised forecasted production guidance at STP-McKay, Southern Pacific Resource Corp. has completed an

[Joelzinho]

It reads like they may, or may not release information on that date. We have seen it before.