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Southern Pacific Resource Corp STPJF

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

Post by Billionaire_2Bon May 29, 2014 12:53pm
452 Views
Post# 22610749

Welcome to the volatile penny stock trading, are you new?

Welcome to the volatile penny stock trading, are you new?Wow, all I hear is bla bla bla. Just have some patience or don't be here. Whine an complain worse than a nagging wife. Here's all I need to know : McKay Phase 2 - 18,000 bbl/d
Additional 18,000 bbl/d of new capacity, bringing the total design capacity to 36,000 bbl/d
Southern Pacific estimates a total producing project life of more than 20 years

How Many HUNDREDS OF MILLIONS OF DOLLARS have gone into these projects? Certainly not becuase they are doomed for failure.

Get a grip. If youre not making the right decisions, then it is time to put the blame where it belongs... This is a volatile penny stock (for now) and if you can't take the heat...

Hey I bought back in at .28 and didn't sell at the .34 (big ooops on my behalf). but I did sell on this last jump at 26 (yes for a loss) cause it was a short lived peak, and sure to come back to .23 again (you didn't really think it was going to keep sailing right on up 50% in a day right?!?!?!.

I was waiting for the right re-entry point, as Mr Shatner suggested ;) I got my fill at .22 today. Thank you, whomever finally gave into the pressure. and also shame on those that do, because without those people the stock would have changed direction by now. 

Shatner, You back in yet!?!?!?!?! . Regardless, I think this is a great re-entry point, and I will be out at .27 - .30 again for another ride. I sat on the sidelines too many times and It's too frustrating to just sit there and watch it go up and down while others with half a brain are making money. That's why you read all the frustration in these posts here, cause people are missing the opportunities, well some are, but those buying today and yesterday are right on top of them. :D

We will start a new long term uptrend soon, hopefully with a bang! 

Good Luck folks! Make the right decisions (make some mf'n money!) 

-B

 
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