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.

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Southern Pacific Resource Corp > MM,s loading up..manipuation..will close alot higher..$$$

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Comment by Jzkbbion Dec 11, 2013 2:32pm

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Post# 21995602

RE:RE:RE:RE:MM,s loading up..manipuation..will close alot higher..$$$

What do you have to lose? Another half or more of your investment. Maybe the seller is done, but odds are that it isn't. Maybe if you sell now, you will be selling the bottom, but odds are that you won't be. Just something to think about. Just when you think it can't go any lower, it will, and it certainly can.

I sold STP over a year ago becuase I needed the money. I have been watching, and I am strongly thinking of jumping back in. But not today.

ShatnersRug wrote:
Agreed. The hard-selling has been relentless up until this point.
25million+ shares....

Dunno about selling just to get back in though. At this point it really is hard to call bottom.... might be right here at 0.125-0.13

may as well hold at this point if you still have shares. I mean.... what else do you have to lose?