Strathcona Resources Ltd V.SCR

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

Energy Oil & Gas E&P

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.

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Strathcona Resources Ltd > Not trying to spam but I sold my SCR shares

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Comment by MichaelRyan2on May 07, 2020 11:15am

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Post# 30997832

RE:RE:RE:RE:RE:Not trying to spam but I sold my SCR shares

isnt it ironic Perm that the second this stock FINALLY pops (up 16% yesterday) all the shorts or bears and spammers come out of the wood works!?!?!

NOT A COINCIDENCE! SEE THE SAME $HIT ON OTHER BIOTECH BOARDS I HAVE HELD WHEN THEY SKYROCKET!

I fully expect(ed) a retest and retrace back to $0.50 before hit $0.60

Been in a narrow but UPTREND channel from hitting the $0.30 lows.... bottom of the channel right now is $0.46 so dont freak out longs if we fall below $0.50 however I'd like to still see a close above $0.50 should we see $0.40's

Top of the channel is $0.54 so expected pullback when we overshot at $0.56!