Southern Pacific Resource Corp STPJF

RE:RE:RE:RE:RE:RE:RE:RE:Just an observation

[jacksprat]

Just wanted to add....don't buy the stock of a company you know nothing about. Find out everything you can. This is a publically traded company and the information available for you to indulge in is enough to make an informed investment. I have no fear in investing in this one. I've done my research, which is not rocket science. This company has invested heavily in building the infrastructure necessary to produce bitumin, they found a way to get their product to market, which they are now selling at a good price. Their break even point is just around the corner and so is profitability.

I always try to prepare for the unexpected...which in this case is a market place that is unwilling to buy into a company that has yet to come close to reaching it's production targets. No worries...they will reach these targets eventually, maybe a couple of months behind and that's ok. The environmental review may be causing some to stay away, but this will be resolved to reflect what is best for the people of the province of Alberta. In past rulings, hundreds, if not thousands of cases have in gone in favor of getting the resources out of the ground.

This company's stock price will go up.....and by very large margins. Want some encouragement?? Do some more homework....chart some of the company's that were previously listed on this forum. For instance look at MEG's share price just a few years ago.

So preparing for the unexpected to me means I may not be able to get my money out for an extended period, which is OK. Welcome to stock trading!