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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 26, 2021 1:17pm
127 Views
Post# 32887031

RE:this is turning

RE:this is turningVolume!!!  Look how low the volume is. I keep saying it. They flip it down to make people believe it's tabling $1-$2 down on 60k total shares traded. Lol. This morning it was down 50 cents on 7000 shares traded. A complete joke unless you are paying attention. When this spikes the poor suckers that sold will be chasing it the entire time. I've been on that side once, it's not pretty and gut wrenching when you sold, just to chase it $10-$20-$50 more per share.  Notice it doesn't drop $1-$3 on heavy volume?  It's a game.  Keep what you have unless you can buy a few more. That's what I did. 
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