Southern Pacific Resource Corp STPJF

Website Response from STP

[birdie22]

Thank you.  Yes we are aware and have been monitoring the web hosting company to see when they can get it back up and running.
Our apologies for the delay.  As soon as we can we will get it up and running again.
 
Thank you.

[llennn]

Lights are flickering, i thick it should go below one cent as they wrote down 3oo m on mckkay, Fitxz guy wrote in the globe tnhere was very little equity for shareholders and im not sure how they can get out other then through financial engineering useing a Roschild as they did with Mega Brands and issue warrants and the like with Fairfax Financial

[creaton]

llennn, You dont make any sense.  First your for stp and now your against.. I also have a hard time reading your sentences,, it doesnt jive man. I would say, lets see how the icds work, and asset sales if any, or reorganization of credit, or what they have to say at the AGM.  Then have your negative or positive comments which ever one you are.

[HRc60to65]

STP has enough asset to pay back all debts, including the unsecured convertible bonds and will generated the cash flow to pay all interest on those debts. STP-Mackay will produced more than 4500 bbl/d before december 2014. The ICD system is working, production will not met the 12 000 bbl/d by year end, but will be over 4500 bbl/d.

[farmerman]

You must have missed the slimy notation in the financials that we have not seen before. Values may not reflect fair market value..... I doubt they could get fair market value right now. No doubt they have tried to sell assets and we have heard nothing Oh except that we will hear nothing.

[llennn]

I've been through a recap and it has worked out to pay dirt, this project seems to need engineering and at the same time financial engineering in order to return value and profit, the problem with debt is it eats up profit, so when a company recaps the payments that once had gone to service debt now goes to shareholders or for expansion, it tends to be a waste of time trying to dig out of debt

[ShatnersRug]

len, eating paint chips is bad for you.

[llennn]

Oil is down 15 $ a b for the Q that is 60k a day, what should we do?

[rad10]

be thankful the canadian dollar is dropping too.

[wittmann]

And if I may add to your post LLen,the intrinsic value,when placed on any stock,not just STP,is directly correlated to any future planning,both capex and existing financial obligations become as relevant as me eating  marshmellows ,this is of utmost urgency  as it concludes with the disallusionment of all party goers,especially if said peanuts expire.I therefore suggest a THREE pronged

[llennn]

That is so funny, frustration lol,