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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 Feb 24, 2020 5:48pm
110 Views
Post# 30728138

RE:RE:.64 :>((

RE:RE:.64 :>((When companies like Virgin Galatic and Telsa are up 700-800% and retail milleniums think they can drop out of school to day trade cause pay zero commissions... YOU KNOW A DROP IS IN ORDER AND MUCH OVER DUE!

I had 500 shares of TVIX (from $40 = $20,000 LONG!) as a hedge because I truly believed and even inboxed a number of people I felt a 1000 pt Dow Jones day was just days away!

Impossible to say if we bounce back hard tomorrow or get continued selling from SHORT GAMMA, and CTA's and Hedge Funds.... this just may be the beginning of a major leg down so be careful folks!!!

I got a diversified portfolio consisting of SCORE OF COURSE but additionally: FCEL, AMC, BNGO, JNUG, SLV, and 500 shares of TVIX as my hedge against a "Crash"!  Thankfully my TVIX, and JNUG has saved my @$$ last 3-4 trading days!
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