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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 Crazybiker51 on Oct 14, 2014 4:15pm

Down she goes

Spiralling down.... Any use selling at a 50% loss to me? Or hang on for the ride
Comment by poorgrammar on Oct 14, 2014 11:38pm
depends on how much shares you are holding; if it is a significant amount, i would sell and wait  on the sideline. If its NOT going to break the bank then just wait for next 4 to 6 months for some positive news.
Comment by llennn on Oct 15, 2014 12:06am
mothballs or the ipecac challenge for a cent
Comment by bambus on Oct 15, 2014 12:15am
Shot the heck is selling at these prices ? I don't get it... You would Think ppl lost enough money on this thing that they would just want to wait and see what's next... 
Comment by llennn on Oct 15, 2014 3:08am
3 c to 1c = 66%- 2c to 1c 50% it is what is known as empty oil drum megs megs megs, he split he split he split
Comment by budworm on Oct 15, 2014 7:02pm
I'm with you Bambus.  It would be pretty insignificant for me to sell now.  I've taken BIG losses.  There is no redemption selling here.  I have no choice but to wait
Comment by llennn on Oct 15, 2014 11:43pm
I bought some more db's today, I think this is "Casino craps" now, a binary on volume re ICD's, lets hope it does not tank further, I just based it on the management as they kept cost inline on the build for the most part, so they might have this figured out
Comment by llennn on Oct 16, 2014 12:40am
3 c to 1c = 66%- 2c to 1c 50% it is what is known as empty oil drum megs megs megs, he split he split he split hp hp hp
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