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 > .225

<< Previous

Bullboard Posts

Next >>

Post by adamsighton Dec 10, 2013 2:00pm

188 Views

Post# 21990882

.225

I suspect we will see sub .20 before christmas, there will be those retail investors hoping the next update is good.
Then they will sell for tax loss, I suspect a few funds will dump a portion for tax loss to push sentiment down and rebuy in the new year at the lower level.
I cant see a pop until after January or February updates.
Unless the B/E and lutes gets on tv. He was on tv last feb wasnt it?

<< Previous

Bullboard Posts

Next >>

Global Tungsten Market and Supply Security