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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 Petieboyon Apr 09, 2021 4:15pm
76 Views
Post# 32968567

RE:RE:RE:RE:RE:Stop the bleeding

RE:RE:RE:RE:RE:Stop the bleeding You're correct in what you're saying about the volume but they're starting the trend down or up to have small investors buy/sell. So it can be manipulated up and down. Ratings on a stock could be manipulation as well that's why everyone should do their own due diligence. There's a buy rating from an analyst of 65.00 on the Score. I don't know how he came up with this figure. I do my own due diligence before I put a lot of money into a stock. That analyst is putting the best possible revenues on every revenue stream for the Score. To me I would not accept that target price. Once the financials come out then we will see a true picture and see what they are forecasting in the future. It all depends on the bill becoming law and how many states they get into and their costs and promotions into these states. So I don't really look at projected prices unless it's someone I trust. That's why you do your own research. I believe if everything goes as Levy plans this stock could go a lot higher. That's why I'm waiting and holding but don't get married to a stock. No when to fold. 
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