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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 ShatnersRug on Jan 10, 2014 8:47am

Connacher Oil

Connacher Oil shot up 17% yesterday on x4 volume.

Does anyone here follow Connacher? Who was buying?

Is there a common force driving up the SP in STP and CLL?
Comment by monzie on Jan 10, 2014 1:26pm
Well with stocks at these prices. 17% is only 1-2 cents.  Last summer CLL shot up 500% in 10 days right after the 2nd quarter results.  Connacher usually releases their end of quarter results just a couple of weeks after the quarter, and then has a conference call to discuss the results a month later.  So I imagine it's just some people riding the Q4 anticipation which should be ...more  
Comment by ShatnersRug on Jan 10, 2014 1:58pm
Thanks for your take, Monzie. A+
Comment by notwrong on Jan 10, 2014 6:23pm
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