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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 Maxmoeon Jul 07, 2023 4:00pm
129 Views
Post# 35531528

RE:RE:RE:Now has a good balance sheet

RE:RE:RE:Now has a good balance sheet
woodsmen wrote: Burning the midnight oil drunk posting again I see?   Lol. He was selling Q1 and continued Q2.  I couldn't care less what Nuttall does but keep it real man.  

He wasn't selling. You're just making it up and/or have no idea what you're talking about. If the % of the fund goes down it doesn't mean he sold. The % of the fund is a mathematical formula that includes the $ value size of the fund as the denominator and the $value invested as the numerator. The numerator changes even for the months he doesn't sell because the stock price changes. The denominator is the sum of all his holdings and as such is quite volatile due to the market price per share of every individual holding plus cash. If investors are net buying his fund, the % in Ath will decline if he does nothing with his shareholding. I'm sure you know all this, and I'm pretty sure I've already pointed all this out to you. Spare us all from your FUD agenda. Fear,Uncertainty,Doubt. We all know it's malarkey. 
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