Strathcona Resources Ltd T.SCR

SCR price decline

[filefish]

Im sure WEF is concerned about the steady decline in the share price. They had to have anticipated selling from unhappy PIPE holders and hoped there would be new ones to jump on board. Hasnt been the case up to now. Unfortunately they are in a quiet period and cannot purchase shares or promote the Company. I think this may be creating the opportunity to buy SCR on the cheap.
However, the dog and pony show on Nov 14 better be a good one.

[uwebb429]

Why would WEF be concerned? They just successfully pulled off the heist of a successful company (PIPE) at a fantastic price. A new source of condensate for their heavy oil operations is just what they were looking for. WEF management either have their feet up on their desk, contemplating who will be next or they are still out having another big lunch, celebrating what they have accomplished. SCR

[filefish]

Disagree that they ( WEF) are not concerned with the stock price. The value of these shares are the  currency they will use to finance new acquisitions. Maximizing the share price is key to continuing to succeed in their strategy. Based on recent trading, the Schacter conference presentation they made  on 10/14 did not convince many new investors to jump on board. If they are planning to