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Bullboard - Stock Discussion Forum 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... see more

GREY:STPJF - Post Discussion

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Post by namlous on Oct 16, 2014 7:05am

Proxy

I just recieved the annual voting. Sageview owns 11% of STP. These guys seem pretty big not have sold off there shares. They would consatnly be in touch with the board. They must feel that they are competent at getting this done.  Or maybe I am just hoping that they get this done...
Comment by monzie on Oct 16, 2014 11:34am
If you want even more optimism.  Sageview actually bought 3 million more shares last quarter (Fiscal Q4)
Comment by llennn on Oct 16, 2014 2:50pm
Meg's there maybe a split in the drum and you might be able to repair if there is, suggestion buy an amount starting with a 3 @ 2.5, then if it goes to 2 buy an amount starting with 4, then if it goes to 1.5 buy a amount starting with 1, then if it goes to 1 buy a amount starting with 2, I'm not saying this will work but it's a gamble
Comment by poorgrammar on Oct 16, 2014 2:55pm
another strategy would be place your gamble bid 2c. I'm going all in with small 200,000 order and I'm ready to wait about 6 mths to 1 year for gas price to change and output to increase. Looking to sell no less then 6c but hoping for 8c to 12c
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