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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 pacer217on May 26, 2020 7:22pm
96 Views
Post# 31075587

RE:RE:Unsettling scenario for Mr. Vitalina...

RE:RE:Unsettling scenario for Mr. Vitalina...I had bought shares lower than this, but my average is higher, BUT the reference to "dead" money is for the time going forward.

I do not  see this at or above .63 cents for weeks.  I wanted out to use the cash to buy a couple of others that I am certain will be 20 to 40 percent higher than todays price before mid summer.

Would not be the first time I have been wrong, BUT I have been in and out of SCR 8 or ten times in last the 12 plus years.  have not made much.  I was at the annual meeting on King street in about 2006.  After Levy boasted that he bought 7. 5 million shares at " good value "  at about .51 cents.  that was more than ten years ago. he was on BNN TV that day  being interviewed.
PS  I did sell a lesser amount @ .60 cents before the bell;   could not get .61 or .62.


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