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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 BudFoxx2020on Dec 09, 2020 2:41pm
140 Views
Post# 32069404

RE:RE:RE:RE:RE:RE:RE:Shake, shake, shake...

RE:RE:RE:RE:RE:RE:RE:Shake, shake, shake...
Brandonrr wrote: not tough at all. its not even surprising that we would see pullback after a huge run like we had. this is early for sports betting and days like these are gonna happen and most people can't take it so they never make any significant gains. talk to me in 6 months and tell me what the smart money did



Totally agree, still in the very early stages.  And SCR is up 100% in 2 weeks.  Long term SCR will do very well once the Bill is passed and legalized.  

As for today, I was really expecting to see some fireworks and volume today and even $2 by the end of this week.  So far my TA have took a smacking and gone to the crapper.  Some one has been sitting on the ASK all day selling shares, everytime it tries to move up, a huge block on the ASK shows up.  Was looking like a shake out this morning, but it just kept going down.  So some one is selling, no idea why.  The second reading is still coming up at 3:15, hopefully it breathes some life into the sp today.  I thought it would move today right off the start, especially how the stock closed yesterday, guess some one else knows better.  Lets see what happens after the second reading, on the bright side its almost 3:15, would really be good if buyers come in, didn't see any all day, maybe everyone is just sitting tight to see what happens after the second reading.  Cheers.
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