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 > sold 10%

<< Previous

Bullboard Posts

Next >>

Comment by Maxmoeon Apr 20, 2022 4:14pm

231 Views

Post# 34617903

RE:RE:RE:sold 10%

Poor Eric. Stock has doubled since he sold it. 53 million shares. At least he bought another oil name to take some of the sting out of that one. I sold 10% and made donation to Red Cross Ukraine fund so I don't mind if that 10% keeps going up. They needed the help extremely urgently. 2 gallons of water next week won't help if it arrives a week too late. I'm happy they got the 1 gallon when they did. Or whatever they used it for.

ManitobaCanuck wrote: I moved it to defensives .I bought NorthWest HEalthcare , they own hospitals and clinics with 6% dividend . Easy money

lovehockey wrote: Generally this would be a smart move but not now. They print money like crazy and inflation is through the roof. If I were you I wouldn't leave any cash hanging for nothing, at least buy some energy stock that was lagging or that pays dividends.