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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 Pacefaston Jun 23, 2021 1:23pm
194 Views
Post# 33435001

RE:its being manipulated

RE:its being manipulatedYou are preaching to the choir. It's actually down more than it's been up prior to the run on possible bill gettiny passed.  It's a game, and the losers are the ones selling that bought anywhere close to these prices.  I would guess some are even taking a loss right now as this didn't turn into the fast buck they expected.  Just a peak at volume and the 100 lot sizes tells me what I figured.  Someone mentioned the same as I did.  I wouldn't be surprised to see a yo yo effect for a week or two. When they stop, the chase to buy back in will start. Anyone in early that took or needed to take profits would have did it before the good news. Imagine that....good news and selling for a loss. Lol.  Idiots 
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