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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 Mr.Monopolyon Aug 29, 2019 9:08pm
93 Views
Post# 30081485

RE:Gotta pay to play!

RE:Gotta pay to play!I love the enthusiasm on the board, but I really dont care about the day to day moves. Most of the time they mean nothing. Who cares about 5 or 10 cents here or there when the plan is to sell at $5+? If anything, watching day to day makes it harder to hold until the big bucks. I made this mistake with Canopy. I thought I was so cool buying for $2 and selling for $4 thinking I could buy at a lower price later. To my disbelief I watched it go over $75 a couple years later, leaving millions on the table. Dont be a rookie like freedom.  
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