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Bullboard - Stock Discussion Forum Strathcona Resources Ltd 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: Lloydminster Heavy Oil, Cold Lake Thermal and Montney Gas. The Lloydminster Heavy Oil has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities... see more

TSX:SCR - Post Discussion

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Post by Rost123 on Nov 15, 2023 1:25pm

Floor?

 
I hope we've seen the bottom. The low free float is a problem...
I think that the prospects are good and this will also be implemented - unfortunately only slowly!
 
All the best
Rost
Comment by PabloLafortune on Nov 15, 2023 2:44pm
It may not be the bottom until the tax loss and/orcdisgruntledsellers have all sold but relativetosomeothers it's not expensive IMO. (I'm not a long term investor on this one, only interested to make a buck). The only fundamental issue they have is the lackoffreetradingshares and consequent lack of volume. Buying back shares exacerbates the problem.
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