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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

Post by adamsighton Dec 02, 2013 9:12am
359 Views
Post# 21958978

Well Well

Well WellFrom a new buyers standpoint this has oodles of potential, from a long term investors standpoint it aint so good. As someone said cost averaging is a chumps game. As long as there is no rollback  in 2014 I am sure we will see over a buck. Big potential thats for sure, for me its hard to get my head around the less news. I guess from whats been posted the most exciting thing I read was.

2013 bonuses will be reviewed after the end of the year. (or something like that)
To me this rings of managment thinking a pop is around the corner.

Fingers Crossed, it would be nice but I am not buying right now.
Maybe the last week of the year
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