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Bullboard - Stock Discussion Forum 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Oil down again
View:
Post by Nothingmatters on Aug 20, 2021 4:01am

Oil down again

Glta
Comment by Tartar3 on Aug 20, 2021 8:15am
Certainly has went down further and faster than I thought, companies are still very profitable at these levels, however, I consider below $60 the danger zone and we're getting pretty close, below $60 I think the price will be cut if half from here, it'll probably be a slow bleed like its doing now, a few percentage weekly until you look up and it's at .40 or .50cts USD, however, it ...more  
Comment by Mindset on Aug 20, 2021 10:05am
Chicken little 
Comment by Nothingmatters on Aug 20, 2021 11:41am
Better to be safe than sorry...
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