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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 > Russian civil war
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Post by TheWokeLemming on Jun 24, 2023 10:48am

Russian civil war

Have to wonder how it will impact oil production and exports.  I for one wouldn't mind seeing all Putin's oil facilities get targeted.
Comment by TheWokeLemming on Jun 24, 2023 10:56am
Serious threat for Putin.  At this point if the war ended I think oil prices would benefit since Putin has been selling as much as he can in desperation to fund his army. I wouldn't be surprised if the Saudis have bribed the Wagner group to do this.   https://www.reuters.com/world/europe/wagner-head-suggests-his-mercenaries-headed-moscow-take-army-leadership-2023-06-24/
Comment by Deutz9170 on Jun 24, 2023 12:27pm
Which side is really having trouble funding the war.? The Russians or the Americians( Ukraine). Because the way I see it, if the Americans don't keep raising their out of control debt ceiling.  Putin takes complete control over Ukraine. With a fork and spoon. The trillion dollars worth of T - bills the Fed just issued , is already showing up in debt markets .  Now, major bankers are ...more  
Comment by TheWokeLemming on Jun 24, 2023 1:08pm
I'd say it's obvious who is having more financial hardship, especially based on today's events.  
Comment by Deutz9170 on Jun 24, 2023 2:00pm
This post has been removed in accordance with Community Policy
Comment by lovehockey on Jun 24, 2023 2:23pm
This is all fake and was created to mislead some people. Don't waste your time with theories. Erdogan did the same coup years ago to strengthen his grip on power. 
Comment by TheWokeLemming on Jun 24, 2023 3:36pm
Does look like it's ended as fast as it began. The damage to the oil facilities (if accurate) still will have an impact.  No doubt Putin is feeling the squeeze.  
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