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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 auburn2on Dec 27, 2019 7:25am
84 Views
Post# 30492916

RE:RE:RE:i have one question 4 those who think im an idiot

RE:RE:RE:i have one question 4 those who think im an idiotBy comparison GTE has gone from 1.3 to 1.65 in the time ATH has gone from 40 cents to 60 cents. ATH's gain is 50% while GTE's is only 27%. You can say GTE has a strong gain, but 50%-27%=23%.

Missing out on 23% over such a short period of time is very significant. That's how it pays to identify the best value opportunities. In fact I was selling some of my GTE at the lows to buy more ATH just because of the completely irrational selling pressure.

23% on $50,000, just to use an example = $11,500. That's a lot of extra money into the pockets of those who know how to read financial statements.
Bullboard Posts