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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

Comment by adamsighton Jun 13, 2014 9:34am
345 Views
Post# 22656896

RE:RE:RE:Capital Freeze

RE:RE:RE:Capital FreezeDont worry shat
We are all in a negative emotional state here, I was pretty peed off with bambus but I blocked him so all is good now. The other posters had a good point and there are a lot of chips in the stp armour to pick at.
Never insider buying
Big pay checks
Many engineers coming and going but no one to blame.
I was surprised they could get the loan so quickly, its hard but all whining and moaning aside, mine quite loud its a matter of time. I was searching strat reviews and found another company that came out with nothing after 14 months.
I think management has been irresponsible with news flow but what can we really do. As someone else said a lawsuit would nail the stock. I am sure paychecks come every pay period flawlessly and with so few insiders ever buying stock it insults the shareholders.

baring in mind they got the money its likely they will have something positve out of the JV. Timing on insider selling, project ramp up and anything to do with the plant has been horrible. That being said timing on raising money has been bang on every time. I suspect we will see some more moola out of a review then a bunch more missed ramp up targets, lots of management bonuses and few news releases.
My point was
uhmm
We are all in this boat together, hold tight volume is going down, price is canting up something
good/bad is on the horizon
A
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