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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 Dilligaf74on Jun 08, 2020 12:10pm
200 Views
Post# 31124480

RE:when are we selling???

RE:when are we selling???

I have been in this since the Score was a TV network....so needless to say I am long!  I have accumulated throughout, and hold a chunk.....I have to admit, I was tempted to start selling today when it hit $1 +.....I did buy some when it dipped down to the 40 cent region, and flipped that for a profit when it hit .90....but that was play money, the long positions are my majority and in my TSFA.

I would do quite well, as we all would! If I sold now, but I have to remind myself, I got into this because I have faith in what they are doing, and think this could be a $2-$5 stock possibly, or a buy out candidate.  

I am not convinced we will hold this value, and am ready for any dips (will just buy more).....

but this is just starting to realize it's potential, I also think after this COVID is through, the government will be strained for any cash, and sports betting is going to be a no brainer to instantly capitalize on a gold mine in tax revenue.

as happy as I am hearing new places open up betting in the US, once Canada does it, the Score is the main player here, and already are spooled up to go, so I think that could be huge!



I should qualify, I am no expert, just someone who has followed and been in this stock for 12+ years.......
 

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