RE:RE:RE:RE:RE:RE:My takeHahaha, yup, I remember that guy crapping on Ath and nuttall for buying it at 18. Meanwhile he owned parex at 18 which did zippo ytd compared to his dead wrong call on bte and Ath which went up , hmmm, triple? 4 times? Bahaha. Only went up because of nuttall? Hahaha. LoL. Sure didn't help a single one of his holdings in 2020.
EstevanOutsider wrote: Yeap. That's me. Only went up because of Eric Nuttall. No other institutions or savvy oil people (or insiders) touched it. You arent out of the woods. This company is selling precious pipeline capacity. I watch the story out of interest but I don't believe in the management. Let's see.
ManitobaCanuck wrote:
Come on Estevan aren't you the same guy who predicted bankruptcy for this company in 2020 when it was at
18/20 cents . I bought then when you predicted the sky was falling and I made a million on this .
The inherent value is approx 2$ and even if they are liquidated/taken over at 50% price we still make money . I know there is a fourth wave but as Israeli data shows ,it affects only older patients and in vaccinated people ,ICU admissions aren't high .So this will pass in a few weeks and we will see oil test 70$ again towards end of year.
EstevanOutsider wrote: They are hedging 50% of their volumes. At $4 aeco and $60 they wont have that much FCF. Athabasca needs a better oil price otherwise survival will be meager, assuming they do.