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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 Mar 01, 2020 6:09pm
73 Views
Post# 30753716

RE:RE:RE:RE:RE:For what it's worth I sold 90% of my position

RE:RE:RE:RE:RE:For what it's worth I sold 90% of my positionIm not judging anyone, just trying to help. Ive been doing this for a while and know that I would not be able to sleep at night if i was that concentrated in one position. Most of you know i have a good size position in SCR and it is my favourite and top holding. For me, no stock is worth losing sleep over. I learned this in my rookie days. Being that concentrated, you see huge swings which leads to fear and panic which leads to panic selling usually at the worst possible time. This isnt true for everyone but I would say the vast majority. If you liked the stock in the 80s you should love it in the 50s.
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