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 > Tax Stuff

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Comment by monzieon Apr 03, 2014 5:08pm

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Post# 22408315

RE:RE:RE:Tax Stuff

You are allowed to transfer shares to your TFSA and if it's within the the same bank it will only take a couple of days. But you have to keep in mind that whatever profit you've made so far on STP will still be recognized as unrealized capital gains regardless whether you sell them first or just transfer them to your TFSA.

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