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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 Moneyloopon May 04, 2022 8:26pm
222 Views
Post# 34657178

RE:RE:RE:RE:RE:ATH

RE:RE:RE:RE:RE:ATHI see !

Going back on my NVA situation.I said to myself,when it it's (12$ ) I will sell my remaining shares,and today is the day it as hit the target.

But now,with nat gas @ ( 8.30$ + ),which is crazy, and having him promoting a double on his position,which is 
(18$ ).
I too could see it happening with nat gas at that level.

So I'm debating to move my target @ (15 $ )....What a dilemma.  :) .... 


Maxmoe wrote: Yup. Same with baytex. 2 years ago he had one fund with $100 million or so. Now he has a couple funds and $2 billion. His shopping list is reduced as he has to drop small cap stocks so he's going to have to re-use and recycle if he wants to keep trading.  
Moneyloop wrote: Also,I remember him mentioning NVA early in the year,that he re-entered
@ ( 9$ ),and could see a double on it.
He said, he sold way too soon,I think it was anywhere between ( 3$ to 5$ ).  



Moneyloop wrote:
Definitly if we look @ the exchange in a whole,it looks like a dwarf.
My perspective was
 from it's canadian peers,it stood out like a sore thumb.
Mind you,( CVE & TVE  they were high volume also ) .

I see you're point on Eric getting cold feet on re-entering .
But do you really think he would shy away from making a profit for his clients ?,
if he sees an opportunity.



Maxmoe wrote: I'll gladly take a 3.6% correction after a 10% jump. So now what? If you think 18 million is big volume, go to stockwatch which includes trading on all exchanges. 40 million. I still doubt it's Eric. It's hard to buy back at double where you sold.  
Moneyloop wrote: With over 18 million shares traded on the board,I bet you,Eric Nuttall is in the mix....

I also mentionned in a previous post this morning,we will get half of the dip by midday.

It feels really good when you could read the market and see where you want to be in the future,and everything looks green... lol

 

 

 




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