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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 sollmgon Apr 22, 2021 2:30pm
69 Views
Post# 33046322

RE:It's not just us...

RE:It's not just us...
Dogstarslin wrote: It's the whole market. Biden just announced a plan to raise the Capital Gains Tax and everything in the stock market went Red at once. If you don't believe me pick any stock you want and look at today's chart. They all dropped at the same time.


Temporary Market Drama IMO. The Proposal was well forcast during his Campaign. Capital gains porposed to go from 20% to 39.6% on "People" earning more than 1 Million Dollars a year. The chance of those "People" actually paying the tax is slim. For those not watching the actual trading you should. Most of the houses are in Buy mode. 

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