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 > Some rough analysis

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Comment by poorgrammaron Mar 04, 2014 10:25pm

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Post# 22280877

RE:RE:RE:Some rough analysis

"The big 6 million share buy probably cleaned out everyone who wanted to sell below 0.18 and promptly ran into the iceburg at 0.185" Well Nike, nameless buyer is accumulating, all major buy order came from a nameless buyer in the past 3 days. This individual or group is now buying down, then they will pull another quickone like friday. Question is are they going to buy it down to 15c again or they are going to hold it at this level until they leg up again? When do u think 30c + would be a possibility (timeframe wise)?

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