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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Comment by Renofundon Mar 04, 2021 5:20pm
140 Views
Post# 32723218

RE:So once it hit 50 cents, we will have WS traders/buyers?

RE:So once it hit 50 cents, we will have WS traders/buyers?
lovehockey wrote: Question to those who know. That should boost ATH a little, no? 

Possible, but not probable imo.  Not sure O/G is sexy enough.  Would be a nice to have, BUT ... folks like the WS traders on tbe way up, not on the way down.  Folks only like vol when it goes their way.  Some funds will own this, more will over time .. think small cap funds etc.  Where you will get the pop is when the Canadian IIROC advisor starts to buy for clients.  Oil and gas is still significantly under-owned by them.  Cant say when it still start, but when it does ... lazer show 
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