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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 Mr.Monopolyon Jan 28, 2020 7:21pm
198 Views
Post# 30611337

AGM

AGMI wasn’t going to say anything, but I can’t ignore a request from Mr. Hamilton. I’ve held my tongue for a while now because I have been buying aggressively the last few days. I can’t believe I got some shares in the 60s. Thank you to whoever donated to me in that range. I attended the AGM last week and am more bullish then ever. If you recall, I was certain we would get a sell off after this quarter and was waiting patiently with my net. I didn’t expect us to blow the lights out because this is the first 3 months EVER ScoreBet has been live. Naturally, there was some issues I knew of from reading app reviews, they now seem to have been rectified. This is not uncommon with a new app launch. As the AGM concluded and while I was heading out I bought more shares on my phone and this is why:

- There is a strong possibility we could be live in Ontario this year. I don’t think the market appreciates how big this is. We have a good chance at being first to market here and #1 in Canada. We did not have this chance in the States. Levy is working directly with government officials. This is HUGE. Ontario would be the equivalent to the 5th largest State. Imagine having #1 market share in the 5th largest state.    
- He hinted at a new State coming soon, last week we found out it was Colorado. Who knows what else their working on quietly. This is why I love Levy, he delivers. The next day Colorado was announced.  
- We will be live in NJ, Colorado and Indiana this year. Also, potential for Ontario and Iowa.  
- The market is not appreciating how well FUSE is working. Other integrations to come.
- I think next quarter will be killer. Expectations are low now. You know what that means when we beat.  

As a side note, if anyone was selling this because of Coronavirus, for the love of god please close all your stock accounts and invest your money with a financial advisor. The markets aren’t for you. Thank you again for the cheap shares. Long and strong, the future is bright.

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