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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 BudFoxx2020on Dec 24, 2020 9:25am
187 Views
Post# 32176565

RE:Best Sector to be in

RE:Best Sector to be inTotally agree.  The gambling sector will be huge in 2021.  Legalization talks are heating up in early 2021.  Just Canada and NewYork alone is going to drive the sector to crazy heights once they are approved.  2020 was the year of Crypto and Telehealth.  2021 will be the year for mobile betting and gambling.  Unless the whole markets melts down, which I still believe is coming soon.  Lol.
  

Anyways, Bids are looking good at $1.70 this morning.  This is just amazing, my breakout point for SCR was $1.60 and it just blew pass it.  I still don't think the catalyst is there to break $2 until the house of common comes back.  But the way SCR is moving, I am thinking there might be a whole bunch of News release planned after the quiet period, which should expire very soon.  Stocks just don't move 20% up or down for no reason, someone already knows and is buying like crazy, like what we saw yesterday.  If they go on a news release campaign, it might just break through $2.  Good luck all, keep in mind its a half day.  Markets will close at 1 pm today.  Have a merry x mas and happy holiday everyone and stay safe.  
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