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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 Sep 05, 2019 12:00pm
78 Views
Post# 30098438

RE:RE:RE:Breakthrough

RE:RE:RE:Breakthrough 100% agree with you on the “penny stock perception” and 
lack of awareness still in the investment community which will
change quickly as M&A / consolidation in this space occurs NOW
that America has legalized.

Fox just bought out a company to get into the space and now today
partnered with draft kings to have the content.

It is the combination of media and sports betting that will win over market share which is why I am so excited about Score Media

In regards to us being under priced at this moment ... hope you’re right as I won’t complain about seeing a buck sooner than later

Im not sure if it’s changed since 2001 when I worked at Merrill Lynch Cdn Head Office but back then none of the brokers touched stocks under $3

at $3+ a lot of equities become “marginable” at which point big houses will
take us very seriously.  we could once we hit $3+ run to $5-$10 very quickly

$0.92 will be toughest to crack technically as that’s the 5 year highs which will continue to act as resistance until we can break and close above

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