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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 Pacefaston Mar 04, 2021 8:33pm
182 Views
Post# 32724709

RE:RE:RE:RE:RE:Price today.

RE:RE:RE:RE:RE:Price today. I'm staying in and added a bit more to round off my number.  The guy that keeps saying $5 is laughable.  He wants to say the stock was split to 10-1 and thus it will go back to its original $5. What he fails to understand or preach is that we also reversed 400 Million outstanding shares into 40 million.  The company is worth more than his $5 at 40 million shares ($200 million). He's dreaming and trying to scare the board.  I've yet to meet anyone who consistently tries "to save people" on a stock board.  This is painful to watch, but anyone smart enough will see that the markets have been crappy all over.  Sell if you need the dough and buy back when you wish you didn't get out.  There is far more to this stock than the price is telling you.  Unless of course you had $183,000,000 to waste abs bought the entire private placement to lose money.  Those that bought in at $27/USD for $183 Million didn't do it on a whim.  
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