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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 24, 2021 5:14pm
166 Views
Post# 32871489

RE:RE:RE:RE:RE:RE:Bought more.

RE:RE:RE:RE:RE:RE:Bought more. I won't say I hope we are right, I just believe that swings of $3 on low volume tells me that when it's time to go, they won't catch it. There won't be 100 lot sells at that point, as that game will be over and the chase game starts.  I'm not even upset about it. Common sense tells me that people who invested $180 plus million a few weeks ago, aren't selling 100 lots.  Flippers will go just as fast as the shorts.  Notice that short position is basically dropped the last couple months, drastically!   Who wants to sit with a short when this can fire overnight before the open. 
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