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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

Comment by jsg335on May 14, 2013 7:39pm
214 Views
Post# 21392024

RE: RE: RE: RE: I

RE: RE: RE: RE: I

Yeah smart savvy investors bury their head in the sand and harvest a stock worth 10% of their initial investment years later.  Anyone who did that with this stock over the past two years would have gotten creamed.  Management is responsible for maintaining value for shareholders and for anyone to say they are not obligated to at least try to stabilize the plummeting share price is wrong.

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