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Southern Pacific Resource Corp STPJF

Energy Oil & Gas E&P
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

Southern Pacific Resource Corp > Funny perspective from IR
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Comment by jsg335on Nov 27, 2013 11:47am
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Post# 21946215

RE:RE:RE:RE:Funny perspective from IR

RE:RE:RE:RE:Funny perspective from IR
Monzie you have to remember this is a bullboard with the purpose of discussing the company, and so I ask you what else are we suppose to think when the value of the company has declined this much?  What else are we suppose to talk about?  You are right that I did buy at lower levels and that in the past it did bounce up, but the problem is the dumping that I saw yesterday looked odd and had more of a everyone running for the exits look to it.  The purpose of posting here is to just start some sort of dialogue about the current situtation.  To be honest I think it's a steal at current prices, but I am also concerned that we are missing something here.  Just strange selling patterns is all.
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