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 > td

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Post by adamsighton Mar 19, 2014 3:07pm

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td

Has some good points, I am not thrilled with the what ifs as they dont do that on projections for buy ratings. What if STP ramps up to full production, what if STP does this or that? As a TD customer I would like td to advise that they have no fund shorting this stock.
I bought based on their buy reccomendations.

It was not long ago a hold and just before that a buy, there has been no other material news and to base an analysis on other than the facts the ICD's are producing better. Analysts are not suppose to speculate on 5 possibilities, the whole purpose is to offer an opinion on facts moving forward.

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