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Bullboard - Stock Discussion Forum 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... see more

GREY:STPJF - Post Discussion

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Post by adamsight on Nov 19, 2013 12:00pm

IR

Well I believe that some funds are unhappy.
Imagine, why would someone be unhappy here?
These funds or fund want the stock to go down.
I believ this based on closing prices and action throughout the day.
If I were IR I would be on the phone to all the institutions assuring them.
I would be into management discussing a marketing strategy.
I would prepare a plan to increase awareness and educate investors.
I would not be someone who does not return emails
nor would I be someone who wasnt wired to a phone.
Unfortuneatly I have a job and cannot commit the time to this.
Please ask the company to hire a large IR firm to assist current IR.
If they say its not in the budget, surely they can take a pay cut, or cut costs by reducing management.
my 2 cents
A
Go Stamps GO
Comment by BayStreetRaider on Nov 19, 2013 12:52pm
Calm down, IR is not going to save you. It's results that matter in the end and I'd rather have a team of engineers than a bunch of marketing majors spouting BS. As per successful SAGD projects there are PLENTY. Check out Canadian Natural Resources or Cenovus or Pengrowth or MEG, the list goes on and on....
Comment by adamsight on Nov 19, 2013 1:02pm
I gotta respect you for your rating and your points. Marketing has its place though and to grind it back to once a month was foolish. Mcdonalds markets, cenovus markets, meg markets these guys need to as well and they need to kick it up a notch. I tire of governments and companies that reward themselves with raises and bonuses before a profit is shown. I dont know if STP has been doing it but look ...more  
Comment by BayStreetRaider on Nov 19, 2013 1:12pm
Fair enough. To be honest, I haven't interacted much with the IR team so I don't know exactly what they're capabilities are. Maybe they're saving some big announcement for Investor Day.
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