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 > STP

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Comment by nikeherculeson Dec 09, 2013 11:50am

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Post# 21985879

RE:RE:RE:RE:STP

Agreed -

However, one must be prepared to hold through rough times - and be prepared to take significant losses when the fundamentals of the company slide.

I've reached my target number of shares today and have reconciled myself to the potential losses.

What would upset me about STP isn't so much the money, it's just getting it wrong.

Congratulations to those who saw thing coming and let's hope Shat's luck carries into 2014.

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