Strathcona Resources Ltd T.SCR

SCR

[Huntamun1234]

Scotiabank initiated coverage of Strathcona Resources Ltd with a recommendation
of sector outperform. PT set C$40, implies a 34% increase from last price.

[bobsomething]

40$ !!!. What is that analyst smoking? That's the conversion price of 2.71$ set on July 27.

[tylerreddick]

We could only dream of getting back to $2.72 for our PIPE shares. I sold at $2.70, but was dumb enough to buy back at $2.35, so I need SCR to get to the mid $34's, where I will likely exit for good. It might take a while, but we should get there before winter is over. The Ukraine war isn't ending anytime soon, by the looks of it. And the TMX pipeline is coming, which means better pricing