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Southern Pacific Resource Corp T.STP

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  T.STP.DB | STPJF

Southern Pacific Resources Corp is engaged in the thermal production of heavy oil, thermal production of bitumen and in the exploration for and development of in-situ oil sands.
Price: $0.02 | Change: $0.00 | %Change: 0.00%
Volume: 231,332 | Day High/Low: 0.025/0.02 | 52 Week High/Low: 0.39/0.015
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0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

Well Nike it was no different from the YLO rollback - 200 to 1.  And as I stated before people who bought in YLO around the bottom made out quite well.  It's always sunny somewhere in the world :)  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

Why did they sell Red Earth? Quite simple, the board and management owe a duty of care to keep the common alive as long as possible (and to make a profit if times were better). During that time window...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

I forgot to add farmerman, I personally wouldn't touch SMI, aside from the lack of liquidity it's just way too small a company for me.  I did however just get into NKO around the bottom (well the...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

That was my whole point farmerman, I was just showing that there are also companies that make it out of a huge mess and survive.  I'm by no means saying that STP is going to make it out I have no idea...read more
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

Monzie Theres always winners and losers. I am not a fan of roll backs but it happens, I asked about it all the way along and was assured it woulnt happen. To see it will bother me but obviously doing...read more
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

Nike if that's the be all and end all case then why did the company bother selling Red Earth?  Surely they could use all the assets they have as some sort of leverage in the negotiating process...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

Ok farmerman how about LSG, ZAZ, and CMI?  And btw both Pier 1 and Sirius were trading at under 20 cents so at the time they were considered Ladas.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

Guys, Lutes in the AGM basically flat out said STP is headed to a reorganization and that it needs to attract additional capital for any more drilling. During the Q/A questions on Senlac, he also...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

uhmm to be fair give us some comparables that are penny stock quality or small cap this isnt a good comparison Pier 1 Imports, Sirius Satellite, Rite Aid, Air Canada This is like comparing a lada to a...read more
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RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

wittmann wrote: Back to reality.If I may now  honestly and sincerely offer my 2 cents.I have a few penny gambling stocks that initially werent that way.Just like STP they all held early promise but...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:wait

Are you sure you understand what the modern definition of "buggered" is?  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

If i use the Dbs as a quide then the market cap should be around 670k this not exact but far from it unless something comes up  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

Unfortunately one will have to lather up the risk as thick as axle grease in order to cash in and not let the black goo catch you,, its really only for the battled harden veterans  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:wait

BUTT and its a big one, this is a very sick patient and it should throw up or if not FE should induce vomiting at a latter date, .02 to .01 is a 50% then .005 is another 50% it will only bounce back...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:wait

Back to reality.If I may now  honestly and sincerely offer my 2 cents.I have a few penny gambling stocks that initially werent that way.Just like STP they all held early promise but went bad for a...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:wait

its nice to get money from a company http://youtu.be/O7hmF_IX9Ic  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:wait

Lenny please speak God damn English not half crack and mushroom talk. Every time I read it it takes me back to when I was buggered as a youth.  Now back to this, who is holding and who sold. My big...read more
0 stars

RE:RE:RE:RE:RE:RE:wait

Only if you hold no cost Debentures come Jan 01 and do not buy CD's from a Bank in Granada, and keep your port in order it seems a  little more than scrambley  rate and reply
0 stars

Few Questions

People  keep mentioning the db's are we talking the convertible debentures or the bonds? Anyone have an opinion as to what happens to the convertible deb holders in bankruptcy? thx  rate and reply
5 stars

RE:RE:RE:RE:RE:wait

Well llennn heres a different and much more transparent take on things.Supposedly one were to purchase 25000 shares of said stock..say for arguments sake STOCK A,and when you combine that purchase...read more

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