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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 2021Gambleon Mar 10, 2023 5:37am
347 Views
Post# 35329861

game over? Or game on? Or just yelling "car!!"

game over? Or game on? Or just yelling "car!!"
Watching ATH is kinda like watching road hockey (it's a Canadian thing)....

Every once in awhile, you just have to yell "car" and pull the nets off to the side and let the cranky ol neighbor drive by

ATH has kinda been like that over the last 3 years - yup it's almost been 3 years since ATH was a buying opportunity at 0.105 - and what a long way it has come.

There has been goals scored, a few injuries along the way, and the passing neighbor driving by and temporarily halting the game ...

But here we are at $3 +/-; volume has once again picked up, a few weeks later than I was expecting to be honest, but with volume comes share appreciation....

So personally I think it's game on.  52 week high is once again in the sights for ATH, as the cycle continues....cut through all the noise, the doom and gloom, and look at your own house.

Are you rationing gas or do you still drive when you could walk? Are you planning that next vacation? Did you just buy that new polyester suit (kidding - or at least I hope not)

Recession - hogwash folks..... It's just noise - a paradigm shift has taken place - the market crash of 2020 has changed the very nature of the market - we have entered a new world...

Watch the shorters if you want....complain about the ups and downs if you must....but ATH is on an upward trajectory make no doubt about it.  will it pull back occasionally, and sometimes for an extended period.. Sure it will....does that mean you can't make money? Nope.

To each their own in the end.  I enjoy the occasional nugget of real dialogue which occurs on the BB, and keep an eye on the 'tone' of the posts as the paid influencers take over signalling the next market move up or down.

Would I like more real dialogue... Absolutely....but some are incapable, truly, as they are just here creating noise and don't have legitimate knowledge of the company or the market as a whole...

Cheers folks, enjoy your day, and have a great weekend
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