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

Post by munibagson Feb 23, 2021 3:15pm
412 Views
Post# 32638936

Timber!!!

Timber!!!I am NOT HERE TO BASH!!! However, not very often does a reverse 10 > 1 split ever help a stock price continue to rise! Unless the company is either Apple or Tesla. Let's face it, this stock has been manipulated for months now! I do have long term hope for SCR, and in time, I am certain it will be a winner. Let's not forget about the recent finance deal scr completed in Dec. 2020, raising $40,000,800 at price of $1.40 per share. The underwriters and investment community obviously felt that $1.40 per share was a fair value, at that time. So, if the recent financing was done today, (after reverse 10 > 1 split) does this mean $10.40 per share price would be deemed fair market value? This is only a question and I do look forward to some constructive dialog. Cheers Munibag$
<< Previous
Bullboard Posts
Next >>