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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

Comment by adamsighton Dec 11, 2013 7:29pm
290 Views
Post# 21996799

RE:There seems to be no rush to judgement here -

RE:There seems to be no rush to judgement here - I would figure best case Break Even is not going to show its head until the next update
Management must figure no news is better than non linear posts. Come 3 months there will be some improvement at the least. 6 months best case B\E and a a few hundred barrels a day, maybe 1000
if ramp up to 7000 is expected to take another 18 months.

I would bet based on the way this stock swings someone will buy and sell when deals are discussed just not us SOB's 

STP is no longer a potential winner, no longer a great potential winner it is a trader stock. Money can be made but not the way alot of us have been making it. I hope for a bounce this soon as I will sell my postion our and rebuy at the .08 I see coming.
Good luck to all.

First
Up then down
Caution when investing here, a
Killing can be made though

Your future
Our Future is in the
Up trend

First bounce is comimg
Of course it could go down too
Or it could go up
Financially I hope it goes up
At least over the long run
That is what I want

and you can take that to the bank IMHO
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