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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 poorgrammar on Feb 06, 2014 12:54pm

Monday calling

If agree about banker knowing more then retailers then get out of stp while u can. Its not looking good. I'll gamble this on a day trade basis at 6.5c to 10 c level
Comment by Pandora on Feb 06, 2014 12:58pm
Well at losing a penny a day we at least only have two more days to get through before news so we will still be above board until then.
Comment by monzie on Feb 06, 2014 1:31pm
True enough Pandora.  This week has just been so weird tho, we opened Monday at 19.5 cents after the positve news on the easing of covenants and access to more than enough cash needed for the Capex and then three days later we're sitting at 15 cents, two days before the real NR is due.