Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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

Athabasca Oil Corp > MILLION DOLLARS HERE I COME

<< Previous

Bullboard Posts

Next >>

Comment by MigraineCallon Jun 21, 2021 12:54pm

347 Views

Post# 33420781

RE:MILLION DOLLARS HERE I COME

Congrats! Welcome to the club.
For me, a couple months ago, and it was mainly thanks to MEG, and of course the unmarginable ATH in the RRSP and TFSA.

The difficulty for me has become TD's margin concentration limits.
Any single holding over $3 per share that become worth more than 1.5M in total value are not marginable any more as the net value of the holding increases. One must trim and sell off prematurely as it goes up in order to put that money to work in other holdings.

This is a once in a lifetime opportunity coming to us in the next while, and for a change, I don't want to be left sitting on the bench while the train leaves the station.

All in...