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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 Nov 26, 2013 2:55pm
197 Views
Post# 21943277

RE:RE:RE:RE:Price

RE:RE:RE:RE:Price
That was my thinking when getting back into this stock at .40cents, but this is more of a panic type selling.  Look at the volume and also L2 sell orders are lined up in bigger blocks trying to sell in the low .30's.  I'm now concerned that we are gonna get some sort of bad news again.
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