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Strathcona Resources Ltd 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 BudFoxx2020on May 28, 2021 9:38am
135 Views
Post# 33285065

RE:RE:Morning... Some T.A....

RE:RE:Morning... Some T.A....Morning all.  So far so good.  SCR moving accordingly, some shake out yesterday but closed green again with huge volume.  If we close green again, that will be huge today.  Yesterday trading was mostly accumulation in a tight range all day.  They tried to shake it in the morning down to $19.60 with about 30 k volume then settled in a nice 20 - 20.50 range all day till they let it go EOD, when the big 200k trade took out all the sellers to close at 20.75.   Which sets the stock up nicely today.  I feel they will let the stock go today, just by the trading pattern this week.  I would not be suprised to see $22+ today.  Just my humble opinion and I could be completely wrong. 

Anyways I still see the clowns posting about nothing and contributing absolutely nothing to the board as usual.  Just take a look at their post, they posted nothing about SCR but whine and moan about others because there are people out there that actually have a good understanding of the markets.  One thing that always makes me laugh is their logic.  For example, I have seen this dumb questions many times on many boards.  "Millionaire investor/traders don't waste their time on a stock board or a message board if they are doing really well."  Lol really.  So why is the guy that is running the subreddit, he is a multimillionaire many times over now, spending all his day on the forum.  Why are there so many popular live youtube trading channels. Etc.  You get my point.  I have been in these boards for ages, from Hotstockforum, Ihub, Stocktwits, Yahoo, etc.  Stock boards are a trading tool, you just got to learn how to use it properly.  99% of the post are absolute nonsese but they are still helpful if you seperate the fools from the wise.  Point is be aware of these fools and learn to spot them.  I have already pointed out some here.  Cheers.   
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