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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 Feb 11, 2021 8:29pm
283 Views
Post# 32548437

RE:RE:News

RE:RE:NewsHmm.  Why 1:10.  I don't really like this.   You are pricing out all the small regular investors.  Lets say the sp was $5 on feb 18 it will cost $50 for new investors right before the vote.  SMH.  Remember what I said about the % game.  It is easier to move up big when the sp is very low the return on investment are huge.  At $50 a share the % game gets smaller and ROI is very small. Anyways like I always said I am in it for legalization.  Just my honest opinion.  After the split we don't have to chase Draftking anymore lol we might even be higher than them.  But your  portfolio will be the same.  I could be completely wrong maybe it may run to $500.  Why 1:10 just don't make sense, this could be the reason some one was selling.  Anyways got one more week to go before the split and the vote.  Do your own DD.  Cheers guys.  See you in the morning.
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