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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

Post by mikelangon May 23, 2018 8:29am
281 Views
Post# 28068163

The Shorts have over 2$ million bringing SCR down

The Shorts have over 2$ million bringing SCR down
It doesn't take a genius to know SCR flew way too quickly to the moon, who the hell was buying so much stock without great numbers? speculators? retail investors? insiders? morons?
we will soon find out. If the stock price goes back down to 15cents, many investors will lose their shirts and deservingly. Don't invest in a penny stock unless you are willing to stay long, unless your an experienced day trader who can easily short an overvalued stock. Too many get burned and ask what happened! A pump and dump here screwed so many new dollars here, its sad.
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