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 > It's a rigged game

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Comment by edmbondson Sep 03, 2014 11:43am

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Post# 22901281

RE:It's a rigged game

This isn't a game and it isn't rigged, unless you think loaning money with conditions attached is somehow unfair.

When you buy a GIC (which I recommend you seriously think about doing) you are attaching conditions to your money (interest rate, maturity date, payment schedule). Do you care if the bank runs into problems? Only to the extent that they can pay you back. Does that make you a "loanster"?

Also, wake up. The only "Bankster" involved with STP is Credit Suisse.

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