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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 aokayon Nov 29, 2020 11:21am
1102 Views
Post# 31996658

Thoughts and advice - where do we go from here?

Thoughts and advice - where do we go from here?Hi everyone, looking for any realistic and honest opinions on where you see the price of SCR in both the 2-3 month and 1-2 year horizon.

I have a large position in the Score and have been long for several years.  Have been burned on a few other investments where the price shot up 10 fold on speculation, and I never sold only to see the stock retreat and never reach the same highs.  I've told myself I wouldn't make the same mistake again, but here I am now wondering how much higher SCR could realistically go and whether I should get out now.

Many on this board are well informed and have posted very helpful info over the last several years, so congrats to you all on getting to this point, and thanks for all your previous posts and your advice on what you think the future might hold in the short and long term.

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