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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 ferret_caon May 07, 2021 2:57pm
109 Views
Post# 33154009

RE:RE:RE:Oups! It's slipping again!

RE:RE:RE:Oups! It's slipping again!there's a very simple explanation, scr was grossly overvalued at 56, as were many other stocks, now reality is setting.

"star in the making" is your opinion , and obviously many others, on the other side of it there are many that think otherwise. it's not the companies or ir's fault the stock got way ahead of itself, if you haven't learned to clip profits on nice gains of a stock that's running hot then that's your fault, no one elses, what do you want mgmt to do? tell you that you are an idiot??? they can't just print news because you say so or because the s/p dropped. all jmho the way I see it. pigs getting slaughtered is in full view here, and also in many other high flyers.

I see no support here, I see some in the 15ish range which looks very possible.

cheers ferret


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