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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 Jun 10, 2020 10:24am
162 Views
Post# 31132993

THANKS FOR THE SHARES GUYS!

THANKS FOR THE SHARES GUYS!

Put in stink bids for end of week and looks like both got filled already!  THANK YOU :) 

10,000 shares for an average of $0.75 - I WILL TAKE IT as I see a support here around $0.74 mark and I am beyond confident we will at very least retest a buck in the near term future.

I dont blame retail for selling and taking profits- good job guys!  

Profit taking accumulated after yesterdays drop and now feel like its dropped a little harder and faster than necessary and will bounce shortly.

Hope all of you who just dumped dont get caught chasing it on way back up... and able to buy back in at much lower price point... 

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