RE:Ath will be up - 230% is being forecast by TD bank2015ideaman wrote: quote from wallop13 - I don't agree. He's been top dog for what..... 6 months. He's got the experience to make this company a large producer. Broen was trained as an engineer at the University of Alberta in Edmonton, then spent three years working for SaskOil as an operations engineer in the field in Saskatchewan. He embarked on an 18-year career with Talisman Energy Inc. as an operations engineer posted in Wainwright, gradually working his way up to Grande Prairie field manager before moving back to Calgary to work as senior manager of supply chain for the worldwide operations of the company. Shortly after John Manzoni replaced Jim Buckee as CEO in 2007, Broen was tapped to help Talisman expand into shale plays in the United States, eventually being named president of its new U.S. shale division. He spent three years stationed in Pittsburgh growing northeastern U.S. Marcellus and Texas Eagle Ford shale production from zero to about 100,000 barrels of oil equivalent per day.
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ath has sold several assets to get to this position of strong assets, and oil production...this invetsment was huge... they even paid out to all shareholders one time I beleive it was $5.00 per share...I missed that big payout, dam ... but here's the thing -
they have quality assets with big oil reserves....
they can develope them slowly or look for jv capiatal partnership
either way ath is going to be developed more and more...
once oil prices return the interest in ath is going to grow very quickly
oil is at or very near the low, it's only upward from here
shorts have been reducing, but there are enough left to make a sp spike happen very fast
350 million shares are not being shorted
less the 1/2 of 1/2 of 1% of shares are sold daily
you can figure our the rest of the story...........
cheers
Not trying to poke holes in your post, but shorts are up 1.6 million in the last 2 weeks. Total shorts are
48,636,208. That's over 50 days to cover. At some point in the next year we're in for a hell of a ride.