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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 ShockandAwwwon Jun 10, 2020 12:22pm
130 Views
Post# 31133853

RE:RE:RE:RE:RE:THANKS FOR THE SHARES GUYS!

RE:RE:RE:RE:RE:THANKS FOR THE SHARES GUYS!I'm not trying to convince anyone of any such thing. I'm bullish on the sector and feel SCR has a good runway within it. The comment that all have pulled back at the same time only tells me that SCR is now connected to the prospects of the sector, recognition that we were looking for mere weeks ago. Sure, someone like Portnoy can be played as a pump, but at least he brought eyes to the dusty TSX Venture play. The volume both up and down finally indicates this. I'm not a gambler and so i dont play timing games when I believe in my thesis. Ill add on waeakness (which, as an aside,you seem to imply you might? Am I working? Are you a flat out bear on this or you jsut think its not ready for the price?) Might it go down to 15 cents in the meantime? Sure. 
And regarding thescores status as a little app trying to make it in a big mans game, you could be right. On balance, I'm mostly tempted to agree.  The big players have way more cash to get attention and, apparently, faster regulatory approvals. But that doesn't dampen my feelings about the play but rather strengthens it. The app has a big audience. They've achieved a working betting platform. If levy cant achieve his dream of being the player he will surely be smart enough to sell. I'd bet my life that theyve already had inquiries.
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