Athabasca Oil Corp T.ATH

WTI Above 54

[ManitobaCanuck]

WTI above 54 now,major resistance broken, Time for a 3X bull run to 70 cents  now in few months ,

[MrICE]

Got to say I'm excited to see oil run up over $54. Broke some resistance levels that I didn't think we would get to this week   Canadian Junior  oil is the place to be right now. Some great upside for Athabaska.  

[ibribr2]

Making crazy cash at this price. More than $500MM in revenue per year by my calcs.

[ManitobaCanuck]

Next news id debt refinancing due on Feb last week which will take this above a dollar. Put on your belts guys ,we are going to zoom into stratospere soon

[Nothingmatters]

Debt rollover is Feb 2022, not 2021. Hope your rocket will survive a year without rust lol.

[Chris007]

The debt is due in Feb 2022. They can call the the notes without penalty, starting at the end of this month. Generally speaking, companies do not wait to the very last minute to roll over their debt.  Regardless, the debt is an anchor weighing down the stock. The sooner it can be rolled the better for shareholders in that it removes a large nearterm uncertainty, by kicking it down the road

[fellowship]

It matters if you are not short. :) GLTA

[Nothingmatters]

Lol yes bro fellowship. Not a short. I have been following you since covid days. You have supported this company through thick and thin. Respect.

[fellowship]

Great assets many possibilities. Let us see 55 oil. We are supposed to get there and sprint to 58.