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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.


TSX:SCR - Post by User

Strathcona Resources Ltd > Ceiling for buying?
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Post by PermCouponon Jan 02, 2020 5:50pm
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Post# 30512966

Ceiling for buying?

Ceiling for buying?Asking a general question to the board....

I think most of us are pretty high on the stock, but I'm wondering if anyone else has a high price limit to which they'll buy into the stock?  I recently added several thousand shares @ 0.76 only to watch it crash down to 0.72 then of course rebound today.  My average share price still has me well into GREEN, but I'm curious how others feel, specifically Papi & MR2?  Personally I'm getting cold feet when it comes to adding to my position of 20K shares and dilluting my AVG price....


Happy New Year everyone and best of luck.
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Dealroom for high-potential pre-IPO opportunities