Athabasca Oil Corp T.ATH

Flowing Barrel......

[guelph1]

Interesting to read the take over comments.  If you refer back to some of the previous industry takeovers, most were offered somehere in the neighbourhood of $50K - $59K/flowing barrel, with that said if we take the average daily output times the above (assume 34K) and divide that by the number of outstanding shares (572MM), one calulate a take over price range of somehere between $2.97 - $3.50.   I understand there are a lot of "if, buts and ands to this theory.  Just my thoughts........

[ManitobaCanuck]

Yes, but what about the Tax Pools ?  They have atleast 3billion in Tax pools , that should add 1 to 1.5$ to the stock price . Its a easy 5$

[MLEWICKIMBA]

In time i think. I remember when i was selling Prime West Energy Trust in the 1990's and it had many of these advantages and was yielding 15% from my memory and nobody could believe it especially the clients. Ath is in that status soon. But they say prefer share buybacks whch is better for us. It means they want 4 bucks. It also means they are priming themselves to be taken over. IMO. A USA