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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

Post by dandu1924on Mar 09, 2023 8:48am
181 Views
Post# 35327707

Market is right

Market is rightWathever the bashers said about overvalued and other sort negative stuffs, the market is always right  and if the market said ATH is $3.15, $3.25, $3.50 or $4.00, so nobody can do anything about that. For now the market  with WTI  at $77 today we will see $3.25 + but with the habitual YO YO YO, we can see $3.15-------$3.35  and $3.25 -------$3.20, this is the game every day with the oil stock, we call that VOLATILITY.

And  major serious brokers see the WTI price aournd $100 again in 6 months   with the China economy restart. 

So probably ATH will be over $5.00 at this time .  Just keep your head up and straight , forget the bashers or those super fake investors on this bullboard.

And don't forget, the bashers does not bash a bad stock.
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