Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by cantstandcash1on Jun 19, 2021 3:00pm
532 Views
Post# 33417023

Dicey IMO

Dicey IMOWish you guys luck but I’ll wait for the dust to settle. I’ve had some fun playing scr the past few years and made some $$ but this vote is dicey imo.

Governments in Canada do not take aboriginal claims lightly. Its also clear stall tactics are being used to try and run the clock out if possible.

Even if it gets passed this week I’d like to hear what you guys expect for revenue out of this. Everyone throws out the ‘handle’ but the actual revenue is only about 5% of that from what I’ve read. How much market share can SCR maintain? DraftKings and Fanduel have massive advertising money and even though SCR is Canadian it has a big fight for market share ahead of it.
I seem to remember the weed industry had high hopes for big profits too. Look how thats turned out so far.

This is a trading stock imo but i wish you guys well. Its always fun to swing for the fence once in awhile. 
<< Previous
Bullboard Posts
Next >>