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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 tooez1on Dec 13, 2013 10:53am
346 Views
Post# 22002997

An old stock saying....

An old stock saying...."If you wouldn't buy anymore, then you should be thinking about selling". I'm not buying anymore, but I still believe that STP is going to jump "toward" 20 cents.... and soon. But, there could still be funds waiting to sell in the next week or so as suggested/explained so well by a previous poster. Balance is here briefly with many thinking there will be some kind of deal...that is what may cause a jump. I am going to hold a bit longer... (But not by much)
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