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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 kingshaneon Dec 20, 2019 8:49am
212 Views
Post# 30475982

RE:RE:Nuttall on BNN - discusses NCIB and Debt

RE:RE:Nuttall on BNN - discusses NCIB and DebtNuttall explained it all. Tried to buy like 10 days of stock in one trade. Of course he's not going to get that. Not sure why he thought he even could.  He obviously knows this is a multi-bagger and super cheap. His fund was not supposed to buy any small caps anyways but obviously he couldn't resist. However his explanation to why he couldn't get the stock is the exact same reason how it was manipulated by cross trades to get this into the 30's.  No sellers!3

Says the big boys are going to miss out on acquisitions if they don’t act soon.  Mentioned MEG or CVE as potential buyouts but this applies here as well. Can’t believe husky hasn’t jumped all over this yet especially when it was in the 30’s. I suspect there questioning to wait or just do it now before this thing is back to a $1 and oil at $65-70.

Bullboard Posts