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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 old_dogon Mar 28, 2021 2:52pm
151 Views
Post# 32895333

RE:RE:RE:If Nuttal was buying then it was through BMO

RE:RE:RE:If Nuttal was buying then it was through BMO
cahclick wrote:


I don't think Nuttal would be buying at .47 when he already bought 50 million shares at .18 from Equinor back around Jan 18.
He would be averaging up if he bought at today's prices.
His money manager rating would go from hero to zero. Lol  
jmo

 



 

lovehockey wrote:

 

lovehockey wrote: Lots of shares went to accounts with BMO


It does look like it is him, seems like he believes 47 cents is a good price to pay even now when oil price is manipulated down. 
 





FROM HERO TO ZERO.......well thought out I can see your a real pro. Let me ask you this question....if he keep the money in cash and didn't buy any more then he'd be a smarter money manager. You do seem to have missed a bigger picture.....while he amassed a nice block in the 18 cent range and I'm sure he's been pounding them away as the price has been climbing...how much value has he added to the 50 Million shares that he amassed at 18 cents. Just because he's buying up doesn't mean that he's buying at the same rate, but adding a few million shares over a week can cause the share vule to increase quite a bit....SO FROM ZERO TO HERO I think is the right way to think...after all if he was SMART ENOUGH to buy at 18 cents and buy 50 million shares then he's a HERO NOW.....any manager that is bringing in excess of 100% in 6 months is doing very well.......

old_dog
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