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.

GREY:STPJF - Post by User

Southern Pacific Resource Corp > My, My People - Have some faith?

<< Previous

Bullboard Posts

Next >>

Comment by Eyeinvestoron May 30, 2014 8:19am

267 Views

Post# 22613589

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:My, My People - Have some faith?

The report was this week. If a stock is in the index then the small cap index funds will own it. That's what they do.....Its a tough and demanding job running an index fund!!! Since May 14th they will have been exiting the position and the estimate I saw was that this was 2 million shares. This should be all done by today. It is probably 99% done already, although we may see a reasonable size cross between an index fund and an arb today. There will be less index arb in this one though because too risky. In the big picture of things....you are right, it is not relevant.

<< Previous

Bullboard Posts

Next >>

High-growth stock Happy Belly opens first Rosie's Burgers in Alberta