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... see more

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GREY:STPJF - Post Discussion

Southern Pacific Resource Corp > i would sell the unused inventory

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Post by dreaddogs on Feb 12, 2014 4:04pm

i would sell the unused inventory

i would rather sell the unused inventory of land rather than senlac....senlac is a cash cow for STP.....

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Comment by ticket2ride on Feb 12, 2014 4:26pm

I don't disagree Dreaddogs , but not sure has the luxury of holding on and raising a quick 120 million without giving up part of the company or diluting stakeholders. Senlac may have served its purpose and done a wonderful job at that. T2R

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Southern Pacific Resource Corp