SPPTY: Southern Pacific Petroleum ADR Message Board

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Gold/Mining/Energy : SPPTY: Southern Pacific Petroleum ADR

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To: Jin Pak who wrote (15)	6/4/1997 12:45:00 AM
From: Mark Harrington	of 18

Does anyone know why this stock spiked today (+1 9/16 to 7 1/4)? I can't find any info but I figure it has something to do with either the Suncor deal going through or a reversal in the Australian courts of the previous ruling regarding the exclusive rights to the area where the oil sh shale is in Australia. I remain long on sppty but, if this is just a temporary spike, I might as well dump and reacquire when it falls back into the $5 range. Any thoughts?

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