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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 bosstradeon Sep 22, 2020 4:55am
452 Views
Post# 31596067

After shorting. Today is a start to buy again.

After shorting. Today is a start to buy again.

Buy on these lows before election spike. As I mentioned, oil will start the invlife the day of election. Pay back period until inauguration. But any draws can send higher, which translates into a few cents gain in ATH. 
Hedge funds are nervous about shorting too much after Saudi warning. This week will be the low for oil with Libya.  

By wed of next week the climb will start gradually to secure Texas, and then spike after election for the Trump Saudi/Russia pay back. Biden win, secures drug companies big gains, so they will not announce vaccine until after election. That too will spike oil.
$55 WTI will secure debt deal. Once this happens, the stock soars until trans mountain opens 2022 and then soars again.

Bullboard Posts