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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
Post by bobus99on Jun 04, 2020 9:33pm
266 Views
Post# 31114483

going to 0.26

going to 0.26the stock moved 30% but the investment for that was only about 1 to 2 million $ its not small money but mid term to long its a 6x those shares were floating waiting for someone to take them in chunk at those low price stock could move 40% a day for 5 days in row or go down 20% once volume kick in if more than 1 party is planning something volatilty will skyrocket and volume too long investor might start to average down and bring new money while short seller can no longer sustain the 2 layers wall
Bullboard Posts