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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: Lloydminster Heavy Oil, Cold Lake Thermal and Montney Gas. The Lloydminster Heavy Oil 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. The Company 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 steam-assisted gravity drainage (SAGD) oil assets. Its Montney development is an active region in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.


TSX:SCR - Post by User

Post by MichaelRyan2on Sep 10, 2019 2:56pm
61 Views
Post# 30113733

Volume

VolumeOnly 38K shares traded ALL DAY and looks like 80% of them are from PL Financial Corp so probably one single retail guy who needed or wanted to sell 

Tomorrow all retail brokerages should properly reflect Score Holdings and Balances as its going to be going on 3 BUSINESS DAYS which typically takes for settlements.

We shall see tomorrow if any of the little retail LONGS are impatient and profit share...

A strong close or GREEN opening tomorrow I would think would make them double guess themselves... a close today below $0.76 may shake out some weak links...

ALL GOOD... before corvette gives me or us $h!t lol :P board needs to believe and know that its good for all of us LONGs/Newbies that any such potential short term drop in stock price should be looked at as a buying opportunity and anyone who didnt already sell the day this popped to $0.92 would be foolish to sell (at least before) the next spike/pop on material news release.

Very soon, this company will never be a "penny stock" again.... take advantage of accumulating as many shares as you can afford to hold LONG term now, because we wont be sitting here for too much longer.
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