Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard Posts
Comment by StolenGoodson Jan 31, 2016 10:13pm
262 Views
Post# 24511156

RE:Insider buying! Levy picks up another 50,000 shares

RE:Insider buying! Levy picks up another 50,000 shares Actually he picked up just over 140,000 shares last Friday, hopefully it jolts this stock a bit...keep in mind the insiders gave themselves a nice block of options with an excercise of $.30 recently so he didn't really have to do this. Imo the only thing that will reverse this dive is the release of new viable products and userbase growth, otherwise any future rally will be short lived. The biggest problem I see here is the listing of this stock on the Venture exchange...the red headed step child of global finance. If this issue was traded on NASDAQ it would be well north of $1.00 at this point. At $.27 SCR is currently trading at x2 cash which means the market is placing almost 0 value in it's brand...with revenues growing at 140%. Derive your own conclusions here, but any further selling is 100% fear based and irrational. 
Bullboard Posts