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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 Feb 22, 2014 7:29pm
284 Views
Post# 22239061

RE:RE:RE:RE:RE:RE:RE:Amount of debs.

RE:RE:RE:RE:RE:RE:RE:Amount of debs.In Monzies defence this could be a smaller fund, there are quite a few that gamble in penny stocks. I agree its unusual for an individual, if someone had insider knowledge which might motivate a small guy, I would think they would go after more liquidity and that would be the common stock, not debentures.
IMHO
A
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