Bullboard - Stock Discussion Forum Strathcona Resources Ltd T.SCR

Alternate Symbol(s): STHRF

Energy Oil & Gas E&P

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... see more

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Strathcona Resources Ltd > Pipestone probably would be pushing $1 in this market

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Post by askQuestions1 on Nov 16, 2023 3:53pm

Pipestone probably would be pushing $1 in this market

Sentament is pretty bad. If you were hated before you would have been obliterated in this downturn.

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Comment by bobsomething on Nov 17, 2023 11:56am

What are you talking about? Pipestone was 2.73 just before the merger announcement. This was in August and it dropped right after thr announcement. If it wasn't for the announcement it would of risen just like every one of its peers to probably Nov 2022 (3.50). It missed the big run up because of the frkn takeover. Even today it would be trading back at 2.73 August 2023 average (just ...more

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Comment by tylerreddick on Nov 17, 2023 12:41pm

bob, just put the loser on ignore. He is just enjoying the pain felt by PIPE shareholders, easy ignore.

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Comment by askQuestions1 on Nov 20, 2023 10:45am

The stock was $2.73 becasue of the pending takeover. This is Calgary. Many know about the takeover before it happens. They then dump soon after the announcemnt. They probably got screwed becaseu it was 100% stock and not that liquid. Pipestone insiders were the ones that demanded the takeover be in 100% shares....

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Strathcona Resources Ltd