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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 MichaelRyan2on Jan 21, 2020 2:34pm
215 Views
Post# 30579049

"What If" ... scenerio

"What If" ... scenerioIronically enough its been a lot of the "LONGS" who expect the financials to be 'nothing special'....

been concerns about expenses and costs, lack of revenue proven from sports bettings, etc.

WHAT IF?!....

What if the market see's even HALF DECENT sports betting revenue, wouldnt that NOW need to be factored into the analysts projections moving forward?!

What if, the ad revenue from our 1.1M subscribers on Youtube and our strategic partnerships from egaming sector surprise shareholders and the market?!

MAYBE I AM BEING TO OPTIMISTIC.... BUT just what if, our earning are great...

Wouldnt that force all the analysts to potential upgrade their stock price to $1.00+ from current projections based on increased egaming sector revenue and now sports betting revenue alone?!?

We got $40 Million dollars because we needed it- analysts were drilling us because they didnt feel we could capitalize... now they are going to deter us because we actually secured funds and are putting it to work!

I am honestly not concerned about the jump in capital expenditures and operating costs in today current market place- all I care about is that this company proves they can bring in substantial revenue being a bookie, and that they continue to prove that e-gaming side of business is not being properly reflected in our current stock projections!

GOOD LUCK TO ALL HOLDING LONG... Ive bought as many as I can afford....  For me now, its a waiting game... see you all at buck! 
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