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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 zanadu123on Nov 27, 2013 11:19am
185 Views
Post# 21946038

RE:RE:RE:Funny perspective from IR

RE:RE:RE:Funny perspective from IRSo, very true jsg335. Could not agree more than 100%.  My friend was at the AGM and he was surprised by the casual attitude of the management.  In addition, IR guy was nowhere to be found. Time for change....

A good question for Monzie - did you even have a dollar invested in STP? Long term BS is for idots. The baseline is company lost 50% share value in a month. Last year when there was no production the stock was trading at +$1.40 range. With production on holy cow, it is barely keeping up with 30 cent price point. 

Now, stop wasting time Monzie, go and do some good work.  And if you have a TDWaterhouse account go and check the technical indicators for STP. You will be surprised to see that price target is between 18-24 cents. And that is holy cow. Isn't it?
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