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Strathcona Resources Ltd V.SCR


Primary Symbol: T.SCR Alternate Symbol(s):  STHRF

Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations, including Lloydminster Heavy Oil, Cold Lake Thermal Oil and Montney. The Lloydminster Heavy Oil segment has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan. Its Saskatchewan thermal properties rely on the same steam-assisted gravity drainage (SAGD) processes as its Cold Lake Thermal properties. It is a producer in the Cold Lake region of Alberta. Its operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from SAGD oil assets. Its Montney development is positioned in some of the active regions in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.


TSX:SCR - Post by User

Bullboard Posts
Comment by zzyy88on Oct 28, 2015 10:16am
243 Views
Post# 24233917

RE:RE:RE:Heading for $0.25

RE:RE:RE:Heading for $0.25Hey guys, I sold SCR around .82 thankfully due to my belief that Swoopt was a very bad purchase competing with DK and FD, as well as slowing user growth numbers. I have lost money on oil stocks since so am not here to gloat. I would like to say that I believe around .22-.26 should be the bottom as it crashed through 52w low and panic hits an all time high. After that I believe it should rebound quickly to .40 and start an uptrend which technical traders will jump on. The app itself is still great, the updates for your favorite team on the smart phone are awesome. They need to transition to a sportsbook for this stock to go through the roof. GLTA, I will be buying around .26 so as not to miss (my perceived) rebound.  
Bullboard Posts

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