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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 29, 2021 12:08pm
147 Views
Post# 33093142

RE:RE:RE:SENT TO DAN JUST NOW

RE:RE:RE:SENT TO DAN JUST NOWI understand what your saying and everyone should do their due diligence on any stock. However bankers that have more information than you or I about the company set a price of 27.00 US and more good news came out subsequent to the issuance of the shares. Its puzzling to some investors who don't have the ability to analyze a stock and understand time lines. I personally have a 2022/23 timeline if the Bill gets Royal assent.  Normally there is a 15% difference up or down from the 27.00 but the slide is substantial. I expected a slide no less than 22.00 but it is what it is. Investors should have an issue with the valuation of the shares. It was great for the Score because they have a lot of cash. Hopefully they will be able to use it wisely but right now I'm having my doubts. They should be putting out news releases to give their investors confidence in the stock. And yet they are silent. I've given up getting comprehensive answers to my questions. They should maybe start replacing people. 
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