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 > Explanation of the walk-down

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Comment by Eyeinvestoron Apr 01, 2014 2:40pm

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Post# 22396853

RE:RE:RE:Explanation of the walk-down

Walkdown? Zzzzzzzzzz. If someone had a million shares to sell, the MMs are entitled to get paid. This stock is not about 31 cents vs 34 cents. I know that is 9%......but its about is this a thirty something or a fifty something? Oh and if you want to buy a block of 1 million, I have a friend who can help you at 35 1/2. He doesn't care a fig about the long term outlook, all he does is provide liquidity..... for a price!

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