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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 Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Bullboard Posts
Comment by lefmikeon Jul 09, 2014 4:24pm
109 Views
Post# 22730188

RE:RE:RE:RE:RE:RE:RE:Is the $1 billion check in pesos

RE:RE:RE:RE:RE:RE:RE:Is the $1 billion check in pesosI definitely agree with those who think that the 1.26 Billion is already included in the SP... If that was the case, the NAV for this company is presently at around 9.70 per share, so you add the 3.25 in cash per share the ones who are saying it's included now claim that ATH is worth only 4.00 ............. LUDICROUS totally false. With a present NAV of 9.00 add the 3.25 for the transfer you're over 12.00 NAV. How much could ATH get right now on the market for their hard assets? Billions, forget what's in the ground.... This stock is being played like a yo-yo by money... They are making a killing by shorting then buying back every time... Eventually what happens is they can't buy back in time and get burned............................I'm down 20-30 K on this thing not a happy camper but I had a strong feeling something was up when I read the short report.. So those saying the price would drop significantly please do some numbers crunching to prove your point... I have provided mine tell me how the value of ATH already includes the cash from the sale ...As far as those two lovers who blame the RCMP or management saying whatever their lying minds think... It's really a sad state this thread has turned to...Quality postersw don't waste their time here any more with the like of those two ..
Bullboard Posts