Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 carterZ21on Feb 18, 2021 12:52pm
161 Views
Post# 32596764

RE:RE:RE:U people

RE:RE:RE:U peopleHey Bud,

All do respect to friends and family who think they hit the jackpot with the consolidation, these are the people that shouldn't be trading through self-directed accounts. They should pay the fees to have a professional manage their account. The mathematics behind a consolidation is beyond simple and I'm perplexed how people can actually believe that the share price has increased ten- fold with no change in the amount of shares they hold....scary...I'm with RBC and they sent a blurb explaining consoliation. 

Anyway back to more important matters. SCR share price. I do believe the consolidation has caused some uncertainty as some investors deem share consolidations a bad omen. However with C-13 up tomorrow and the path to legalization becoming clearer each day, I'm not selling a single share at this time. The trend should remain upward. GLTA longs.

Carter
<< Previous
Bullboard Posts
Next >>