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Bullboard - Stock Discussion Forum
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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GREY:STPJF - Post Discussion
Southern Pacific Resource Corp
> Target Cut
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•••
longrun
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Post by
longrun
on Dec 12, 2013 10:09am
Target Cut
Desjardins Securities cut its price target on Southern Pacific Resource to 10 cents (Canadian) from 50 cents and maintained a "hold" rating.
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ACE75
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Comment by
ACE75
on Dec 12, 2013 10:11am
Morning star still rates it at undervalued
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hs1224
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Comment by
hs1224
on Dec 12, 2013 10:15am
Desjardins..... PFFFFF :))
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