Athabasca Oil Corp T.ATH

What a story

[Deutz9170]

As Hangingstone was just going into the commissioning phase, back in 2014. I remember the conversation I had with one of the commissioning engineers on site. As oil prices plummeted. And ATH stock was fallen. He said there is no way the company can make it. He expected to be working for someone else in the near future.  I kept on eye on the stock as it dropped over the years. Junk, going to overtaken were the words used to describe the stock. Went to 10 cents and the calls for bankruptcy grew even larger. As the company share started to turn around the so called value investors were still calling the stock over valued.   Look where we are at today on the bullboard.  Arguments over how all the profit  is being used. NCIB program is not being executed properly. . Debates over dividends or share buybacks.   135.million of cash isn't enough. A slight increase in share count.   Calls for a 6 buck buyout.  CONGRATULATIONS to the management of  the Athabasca Oil Company. CONGRATULATIONS to the long shareholders of the Athabasca Oil Company. The soldiers of Canadian energy investing!

[Jimmy1page]

This thing needs a laugh imoji 

[Nicholasgrit]

Agreed........ 100 yr reserves No debt buybacks  Years of Tax breaks Huge growth opportunities  Solid management team In a bear market, and at a time when world supplies and inventories are way down and NOT being replaced........ an oil bull market is coming the likes that has not been seen in many decades Additionally oil and gas have been 80% plus of the energy market for decades

[Maxmoe]

Yup, and China and India don't have the coal for that either. Guess where it comes from. Hint. Same source as the oil. Russia.  

[Nicholasgrit]

AGREED 100%

[Maxmoe]

Right on. And the boo-birds I've heard chirping all the way up from my purchase at 11? Can suck it. They'll be whining the same old fud at $6.