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 > Question?!

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Comment by ShatnersRugon Apr 16, 2014 1:45pm

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Post# 22459295

RE:RE:Question?!

BG20, with respect, the quote details on Stockwatch are incomplete unless you have an advanced subscription. [not to mention that they are delayed]

What you'll see with the free subscription are TSX quotes and transactions. Perhaps Alpha as well but I am not sure. This makes a huge difference especially when brokers are involved in the trade.

You can see 20,000 @ 0.30 on the ask and you figure that you'll take it out. So you place a bid for 20,000 at 0.30. But after the transaction you see 10,000 left on the ask. You say to yourself, oh wow, that was one fast bot. Sure that's possible, but the more probably explanation is that part of your bid bought shares from one of the other exchanges that your platform does not recognize.

Totally insidious. And we have seen this in STP for the past two weeks.

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