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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 Pacefaston Mar 19, 2021 4:50pm
238 Views
Post# 32841595

Score upside

Score upside

Plenty of upside. Straight facts 

- Levy interview was to the point. There are multiple plans for this company. 

- Short position has dwindled down. Who would want to short a stock that has potential to blow up like a rocket overnight. No fake news, just real news about single sports wagering coming 

- 100 share lots that are being sold and bought. When I see the 100 lots to lower the price, it's simple for me. They can't short so they flip to buy. Notice premarkets are more green than red, and usually buying 1000+. Pay attention but just going to Nasdaq and entering the symbol and click pre market.  You see the trades.   Also, for every seller, there's a buyer.  I increased my position 100 at a time. Lol.  I wish I was in when it was 20-30 cents.  But I got in early enough and even the split didn't worry me.  Low outstanding shares in a company on Nasdaq. Easy rocket.

have a great weekend all.  

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