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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, including Lloydminster Heavy Oil, Cold Lake Thermal Oil and Montney. The Lloydminster Heavy Oil segment 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. It 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 SAGD oil assets. Its Montney development is positioned in some of the active regions 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 Apr 24, 2020 12:37pm
50 Views
Post# 30950021

RE:RE:The Unmitigated Gall of Management!

RE:RE:The Unmitigated Gall of Management!
hoov66 wrote: Recently held meeting at TheScore head office...

Staff: "Hi Mr. Levy, we have gathered as a group to let you know that we will understand if you have to: a. defer part of our salaries b. lower them or c. furlough some of us. We understand that the new spectator sports of professional tiddlywinks (https://tiddlywinks.org/tournament-types/) and professional marble racing (https://www.npr.org/2020/04/02/826187921/fans-turn-to-marble-racing-for-a-spectator-sports-fix) are just not bringing in the revenues like those other sports. We can take it sir...after all the world is in crisis."

Mr. Levy: "Skru that...I know what I will do...I will further dilute existing shareholders by issuing 2.3 million additional shares from treasury and give everybody bonuses! Heck, what's an extra million when you're losing 13 million a year. Ha, Fcuk the Shareholders!"

End of meeting...


I think it probably went a little more like this:

Mr. Levy: "Skru that... we arent laying anyone off!  This is what we can do!  We can all take an immediate 25% cut in our salary to help offset some of the operating costs.  If you guys truly believe in the future of this company you will accept equal pay in shares which we all know will be worth double triple in the not so distant future.  To all my employees I dont want to have to lay off, or fire anyone.  We have a sports betting app to build, tweak, and perfect. Lets maximize this downtime as an opportunity to further develop a best in class app!   When sports gets back up and running I want us taking a greater share of this market damn it!!!

Employee:  oh but Mr Levy wont that dilute our stock and fcuk the shareholders....

Mr. Levy:  Yes it may pi$$ off the short sighted ones but fcuk the traders... our long term investors will understand and know this is the right call ....  this pandemic will pass shortly and we want to alrady be off the ground running... now lets ALL get back to work- we got a sports betting app to build!

YOU ALL CAN DECIDE WHICH VERSE IS THE TRUTH AND SELL IF YOU THINK LIKE THIS MAN DOES... I done countless hours of due diligence and looking back on history, I think Mr Levy is a WINNER!  A leader!  A visionary! 

Give him time... or sell and come back at a better time....

Maybe you will get it at a much cheaper discount....

Maybe you will pay double...

WELCOME TO THE STOCK MARKET lmao 




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