Scare tacticshttps://www.fool.ca/2015/03/26/why-oil-wont-rebound-until-these-producers-go-bankrupt-part-2/
Anyone know Sinclair? He must work for the hedge funds trying to scare retail.
ATH is not anywhere near risk for bankruptcy.
Their 225m loan is the one with the terms that were at risk and the first terms based on prod. were actually not met but the ratio to reserves WAS met and has been holding them compliant for the last two quarters. This is public information disclosed on sedar. Absolutely no risk. They could pay off the 225m loan with early redemption if they wanted to.
Buy on fear. Do your DD
BMO RBC and others have clearly said ATH is stable to hang around for a year or two at theses prices. (obviouslly a spec play with little dev during the low period, but a $6 stock once wti gets to $65.
Scramble shorties, scramble.