Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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.

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Athabasca Oil Corp

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Post by TheMechanic2020on Jan 11, 2020 10:23am

224 Views

Post# 30541949

Question for Estevan

Estevan, I know that you believe ATH is a horrible company, with terrible management that will go bankrupt in 2 years, but if it goes back down to 34 cents would you buy it? They have no debt due for 2 years, and you've seen how quickly it went up from 34 cents to 64 cents, so why wouldn't you want to at least do a swing trade if it went back down to that level? Surely you must believe it will at least touch 60 cents again, right?

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