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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 Jzkbbion Aug 28, 2014 10:23am
305 Views
Post# 22885799

RE:This is not intended to be a happy ending.

RE:This is not intended to be a happy ending.What does a reverse split have to do with the survival of the company?  A reverse split is semantics.

wittmann wrote: Stp of late ,will never have a happy ending.Its a matter only of survival....it no longer matters what those conditions are.If its a reverse split,the company survives,but so what?? Will any of the posters here be happy??I think not.
When one reads between the lines,(thats all we ever could do anyway the last year) we will see that the company couldnt reach any agreement at all.But we lack ALL THOSE DETAILS...count'em   ALL .That means as I have stated many times we are in the dark so we speculate......
How many here  in the future will crow 'SEE I TOLD YOU SO? "  and either way does it matter??

EVERY POSTER HERE WAS WRONG THE LAST YEAR OR SO,THEREFORE LETS NO LONGER PRETEND THAT WE'RE SO DAMN SMART.Its time to shut up because we sure all look stupid to any new reader.



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