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

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Post by FROST15on May 14, 2020 4:29pm

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Post# 31029639

The Score

I've been in the market since 1996 and long the market. I went through 9/11 and panicked and sold (CSCO) at $11 a share, I purchased a few hundred shares back then. The point is sell buy during "panic" and sell during greed.

I currently hold some score stock on my TFSA Picked it up long time ago (feels like) at $0.41 a share before the"run up", At that time I was sitting on a stock worth $1.80 in a buyout. Not sure what the buyout will be today, but it's coming. The good news for is will be when sports return this summer. Till then, stay safe and pick up as many "cheap shares as possible".

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Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles