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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 Billionaire_2B on Mar 27, 2014 1:50pm

So

Did anyone take advantage of .37 and ready to buy back in soon ?? Could have bought an extra 6000 shares now if I jumped on that one.
Comment by alfino on Mar 27, 2014 1:57pm
did not sell any and bought another 5000 at .340 ...meh still worth it. should provide me with money to go on the wekend fun trip I have been wanting to go with the gf soon... ;)
Comment by curtisignacio on Mar 27, 2014 1:58pm
This post has been removed in accordance with Community Policy
Comment by ShatnersRug on Mar 27, 2014 2:04pm
Frankly, why agonise over a penny here or a penny there? This is a company that will do nothing but increase production moving forward. Their liquidity issues, despite what the infamous Michael Dembicki thinks, are history, at least if added production increases hold true. The bots, it would seem, control the share price for now. If you had bought in, before the halt, just hold on. Too much ...more  
Comment by craighenry on Mar 27, 2014 2:15pm
I am very very surprised that no one here is mentioning the ton of debt STP has.  Over 4 million shares outstanding......and all you guys are mentioning is the SMALL  increase in production???!!  Yes sir - we will be buying yachts with our STP investments becasue they have (at best) for now increased production a thousand BOE/d. 15 million / year in interest alone is a killer. ...more  
Comment by craighenry on Mar 27, 2014 2:16pm
I meant over 400 MILLION shares outstanding. 
Comment by alfino on Mar 27, 2014 3:00pm
Peanut butter and Jelly sandwich! eat one every morning on white bread (and not that whole weed S##$) and you will build muscle and you won't be this cranky around lunch time.
Comment by TedRiot on Mar 27, 2014 5:11pm
Well said Craig, but remember who your audience is here.  I doubt half these posters understand that shareholders are behind creditors in the capital structure.  They seem to place higher priority on how many 'stars' each of their comments receive than doing the math.  Oh well..... 
Comment by nikehercules on Mar 27, 2014 2:16pm
When I was in the Bahamas last month - this was parked in the marina for an entire week - https://www.yachtsolemates.com/ The group simply drank beer on the back deck and watched TV. That's real money!
Comment by Eyeinvestor on Mar 27, 2014 3:03pm
Disagree. Real money doesn't sit around drinking beer and watching TV.
Comment by ShatnersRug on Mar 27, 2014 3:05pm
Absolutely right, Eye. They drink scotch whiskey. 
Comment by Pandora on Mar 27, 2014 7:33pm
Absolutely right, Eye. They drink scotch whiskey. Unless, of course, they're Canadian. Was it Molson's?
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