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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 MichaelRyan2on Nov 15, 2019 2:58pm
35 Views
Post# 30358067

Feels like the "Good ole Days!"

Feels like the "Good ole Days!"Nice block on the bid at $0.67 is reassuring, showing some support here at HOD.

Broke out of the $0,55-$0,64 sideways channel range.... with some volume to back it!

My Current T.A:
  • MACD crossed up days ago, MACD value > 0 = 0.01 POSITIVE
  • Histogram > 0 = 0.01 POSITIVE
  • Slow Stochastics crossed up, %K >60 which I like to see POSITIVE
  • Jump in Volume on two days we broke out = POSITIVE
Now Im just waiting for penny pinchers to sell at "market" hitting bid in final minutes of closing, and listen to Vette lose his $h!t LMAO 
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