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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 MichaelRyan2on Jun 19, 2020 1:15pm
65 Views
Post# 31170174

RE:RE:House position

RE:RE:House position It appears Eight is accumulating and taking on a pretty decent position and fake they continue to buy tells me these shares are NOT FOR SALE which makes an already tight float even tighter... we seen it today!  Ran back up to $0.80 on less than 200K!  This is why you truly cant trade it with a half decent size position cause only get burned!  Yeah maybe you can flip 10-20K shares which is peanuts but trying to flip 50-100K .... successfully... NO CHANCE!  Which is why any and all shares i have bought in me and my girls TFSA is LONG TERM and havent sold a share... and WONT until Im forced to by a buyout, or see it up 500-1000%+ and feel its time to cash a little out.

P.S House 222 aka J.P Morgan buying some here today- that excites me!  When I see JP Morgan, Morgan Stanley or hopefully soon a Goldman Sachs or Blackrock start buying... I get EXCITED!  Thats when you know accredited sophisticated investors are jumping on board and sophisticated investors dont F U C K with penny stocks so they must know something or been told to get in early!!!
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