Strathcona Resources Ltd V.SCR

Primary Symbol: T.SCR Alternate Symbol(s): STHRF

Energy Oil & Gas E&P

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.

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Strathcona Resources Ltd > Strong open

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Comment by MichaelRyan2on Nov 04, 2019 2:02pm

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Post# 30306481

RE:RE:RE:RE:RE:Strong open

In my humble opinion this is and will remain to be an
incredible “investment” but continues to be a poor “trade”
hence why I sold the other half in my trading account.

as a trader I have to listen to my charts/trends/price movement

had I listened to my gut would have sold at $0.80+ and not $0.59

yes news could come out tomorrow and I can look like a fool but
thats the nature of the beast. I live off my trading account so I cant
afford to hold downward trending stocks - particularly ones
that trade such little volume

I wish everyone the best regardless of position or opinion.

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