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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.


TSX:SCR - Post by User

Strathcona Resources Ltd > Today's close
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Comment by CdnHustleron Jun 10, 2020 10:57am
82 Views
Post# 31133241

RE:RE:Today's close

RE:RE:Today's close

Definitely a good opportunity to average down. Unfortunatley we will be back to .60's like I said. But then again a week ago everyone was calling me names and didn't want to listen to me while the "guru's" of this stock who had 1.4 Million shares apparently all held their positions as this thing lost 30%. 

 

Reality will set in. Just get ready to average down. or Buy back in. If your "stink bids" in the .70's got filled. Maybe your "stink bids" were too high. We aren't even at friday yet. 

 

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