Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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... see more

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TSX:ATH - Post Discussion

Athabasca Oil Corp > Oil over $71

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Post by MrICE on Jun 11, 2021 11:15am

Oil over $71

What dose it take to get these Canadian junior oil stocks to move. Big boys will need to join soon. Right?

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Comment by Chris007 on Jun 11, 2021 11:30am

That would be the assumption...in reality, who knows, I guess some funds might, some funds might not, depending on their views about the sector and whether they have an ESG mandate. It also doesn't help that the vast majority of the small-midcap energy names have basically been removed from all indexes due to the continued beatings they have taken to their share prices/market cap, since oil ...more

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Comment by bosstrade on Jun 11, 2021 11:55am

The second, not min line 3 is operational, they will all come in. I mean ALL. The more aggressive will start to come in now. Oil is not going anywhere but up as the economies open regardless of Iran. Good times in this sector. Go to cottage for summer and when your back it will be over $1.30

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Comment by MrICE on Jun 11, 2021 12:16pm

Agree. I'm here for long term. We've had a great run so far on speculation but the next levels will need financial proof to advance. With oil now firmly over $70 it's just a matter of time for the big money to trust that it will stay at these levels or higher.

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Comment by Moremoney4u on Jun 11, 2021 2:57pm

I think with oil over 75.00 at least ATH. Will be 1.60 also the Loan will be the arranged and partially paid off , at least in half with new terms extending into 2024. Its win win. The oil industry according to JP Morgan is in BULL market for a couple of years going to 90.00 ?????? ATH will be bought out by then at 2.50 go to cottage and chill .

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Comment by ManitobaCanuck on Jun 11, 2021 3:22pm

If its 2.5 then its more like going to Bahamas to buy an ISLAND

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Comment by CandyC on Jun 11, 2021 9:58pm

Tom Lee on CNBC Fast Money Halftime Report say oil is at the start of a bull market and WTI will be between $80-$100 for several years

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Comment by Maxmoe on Jun 12, 2021 10:01pm

Keep this in mind. A year ago, Tom lee on CNBC or some other TV expert said oil would never get to $50 again. Never. Ever. All of them had bleak forecasts of "peak oil", covid declines, EV dominance, etc,etc. NONE of them, not one forecast 70 or 80 never mind 100. Just sayin.

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