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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

Comment by NoGambleNoFuturon Oct 01, 2019 11:58am
159 Views
Post# 30182339

RE:RE:RE:WTF is going on this week?

RE:RE:RE:WTF is going on this week?I don’t want to offend anyone, but you guys need to relax. None of you were saying anything when this stock exploded 100%+ in less than 3 months. Even if this stock plummets and nets a 30%-40% gain, why is everyone mad? You guys are just beefing unrealistic to expect a stock to be up that much. Also, I’m sure a bunch of investors had stop losses in place and they’re all being triggered one after the other because of the drop. It’s also likely that people are dumping because statistically speaking, Q4 has always been their worst quarter cause revenues are low, and they might even have increased expenses because of the invesemnt in their platform. Q4 results could be absolutely terrible. Who cares guys. Just wake up in 3 years and see where the share price is.
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