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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

Post by TheVillageIdioton Sep 17, 2020 11:57am
259 Views
Post# 31574548

Hello, Hopeful, Happy

Hello, Hopeful, Happy

I bought in SCR, quite a bit averaging at about .67, been lurking on this board and reading for last 4 months. Found this board to be pretty informing, kind of entertaining, Hamilton seems in the bag for score so at least I can somewhat have some reliable information unlike Yahoo finance's swathe of short pushers and people trying to make a pump and dump happen.

 

Pretty happy with score's growth, my original plan was to sell at $1.00, at the latest I plan to hold until the november Q1 financials come out. I dont seem to understand the relationship between PENN and SCR, isn't PENN more or less a parent company? Or they invested in SCR? What is SCR's relationship with barstool sports, is it akin to PENN and SCR? 

As much as everyone is hoping for Canada to legalize single sport betting, it may not happen next year. If I remember correctly it did actually come up for a vote this year but didn't pass. I think SCR's best choice is to squeeze the American market as much as possible.


Anyway's, here's hoping that we all ride bulls into the sunset!

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