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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 SteMadon Nov 23, 2020 11:41pm
844 Views
Post# 31958343

For all those crying Stock manipulation

For all those crying Stock manipulation

I assume you think its being manipulated because the price isn't growing?

Occams razor. 

The share price is where it is due to the fact that there really is no guarantee TheScore reaches its sportsbetting goals. 

Real competition. Embedded competition with much larger marketing bucks. 
No guarantee of converting media app users into gamblers. 
No real revenue growth this year, even with Covid. 
No market presence, or brand name in the sportsbetting field yet. 
No american tv pundits pumping it (a la draftkings). 

I think the share price is undervalued, but not my as much some here think it is based on their tossing of the toys out of the stroller. 

Chill. 

The company has potential, and right now thats all it has. That and maaaaybe the fact that I actually believe Levy when he says the book was very lumpy the last two quarters, that makes sense. But thats variance, and to be expected. 

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