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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 Nov 17, 2019 11:44pm
76 Views
Post# 30362820

RE:RE:RE:RE:RE:RE:Weighting in portfolio.

RE:RE:RE:RE:RE:RE:Weighting in portfolio.I have 100% of my TFSA in theScore. Ive only done this with one stock ever before in the past and that was Canopy at $2.20. I sold way too early, not doing that with the SCR. Im very confident my exit will be when the entire company is sold. Also, have about 20% of my RRSP in SCR. Having said that, I have an extremely high risk tolerance and big swings dont phase me. Been investing since my teens. I was lucky enough to meet Warren Buffett in Grade 6 and it changed my life. I have had a deep passion for stocks since then. I actually look forward Mondays, as Im sure many passionate board members do. TheScore reminds me a lot of Canopy in its early days.
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