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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

Post by pacer217on Apr 05, 2021 1:27pm
163 Views
Post# 32937777

125 --: enough!

125 --: enough!Thanks for your concern / ridicule!  That's OK!
The reasons I have only this puny amount is because I DO NOT WANT ANYMORE than this!
I have sold three times this year at higher prices.

I do NOT share your collective opinion that this is going  to the moon .  ( I have 180  X 's this much in Mutual funds etc. where I will make maybe   afew thousand today.. ) I also have at least 14 stocks with more than this , so SCR is my second smallest plaything -- That is all this is - a toy
because I like to gamble on horses, slots etc.- so I am interested in their business model.

When / IF some insiders start to buy, than I will move back in. ZERO insiders shares bought since late December, that should be worrysome?  There are no Anaysts with "strong BUY"  recomendations here.   CIBC suggesting significant losses at least thru end of Q2.
 IF I am proven wrong, then you will be living "Millionaires Row"  and I will hafta keep on renting!
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