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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 pacer217on Apr 06, 2021 4:40pm
92 Views
Post# 32943588

RE:RE:SOMETIMES I WISH

RE:RE:SOMETIMES I WISHHello again Pacefast!.  Thanks for that commentary!.  Things sure are boring with MOHAWK shut down!
I largely agree with your last three lines.
Three weeks ago I sold a larger amount of SCR at $36.60 and bought alittle of HLS which is up about  12 %. so The poiint I firmly believe this is NOT a Long term "buy and hold" Of course if
that professional statement filed here yesterday is even half - right than all of you are to be congratulated!!

I will add to "APOLLO"  that he suggested that " the shorts" should be burned.  I looked on SHORTDATA>CA -- there are ZERO shorts for SCR.  The majority of players see SCR as a  day trading or a week trading item  BUY after three or four DOWN days (like right now!!) and SELL after three / four UP days - like last Wednesday.
Since Feb. first, there have been 26 DOWN days and 16 UP days. Only once in that time were there five ups in a row. Excellent chance that tomorrow will be UP!  IF the Q coming out
on April 13 is a blowout, than  YOU all will be right and my opinion will be very wrong!
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