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 > Tales from the Panic Bunker

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Comment by MichaelRyan2on Jun 02, 2020 5:39pm

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Post# 31103717

RE:Tales from the Panic Bunker

PermCoupon wrote: This is a lesson: Don't be like PermCoupon

Saw the bump last night, anticipated a P&D, and sold 4000 shares in the high 60's.

Felt good, felt like I read the market correctly. Was ready to buy more shares under $0.63 when it inevitably got there.

Boy was I wrong. May Papi & LONG GODS have mercy on my soul.

Thankfully I kept most of my investment, but boy to boy am I salty to have left many dollars on the table.

Holding. Holding. Holding.

I APPLAUD YOUR TRANSPARENCY AND HINDSIGHT IS ALWAYS 20/20!

I AS WELL SOLD HALF MY SHARES AT $0.60 ONLY TO BUY THEM BACK AT $0.66, $0.67 AND THEN $0.74!!!!

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