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.

GREY:STPJF - Post by User

Southern Pacific Resource Corp > Green on St. Patricks Day

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Comment by nikeherculeson Mar 17, 2014 1:18pm

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Post# 22332109

RE:RE:Green on St. Patricks Day

Hi Shat,

I'm sorely tempted to just hit buy this AM, but I got in trouble the last time I did that and bought my share count way past my original target to 800,000. I sold everything between 0.16-0.20 in the face of imminent insolvency (ie pre-ICD)

I just thank my lucky stars that I bought back in under 0.18 before the big news.

It is hard sometimes to maintain composure and adhere to sound risk management principles when one of your holdings goes up 40% in one day. My next monthly purchase will remain 400 shares of CWT.UN

Besides "Risk Management" (ie the wife) said "No".

NH

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