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 > Wowww!!!!! I’m a noob

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Comment by MichaelRyan2on Feb 29, 2020 7:27am

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Post# 30750504

RE:RE:RE:RE:RE:RE:RE:Wowww!!!!! I’m a noob

NO! I hope I am proven wrong... but I think $1B is more accurate or realistic.

$1B would be about 4X today market cap putting us at about $1.70 - $2.00 per share.

Once Score hits a billion plus valuation you BETTER BELIEVE potential suitors will start making a bidding or score will need to execute a poison pill and start buying shares through the back door route!

$8B maybe 5-10 years from should legalization continue around the world and score develops an international global presence and partnerships $8B may be possible.

Anyone else agree or disagree with my thinking here?

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