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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

Post by goldman777on Jan 21, 2021 9:32pm
284 Views
Post# 32356392

BUY, BUY, BUY

BUY, BUY, BUYWish I had some more $$$, that mid day jump to above 20 cents is very telling.

Now one can argue, well that was a double off the recent lows and smart money is vacating it`s position - ain`t nothing wrong with a double.

But are all the recent buyers from Bagholderville, I think not - in fact I think we see a double to 40 cents here pretty quick.

Trading will be frantic as ATH settles back to 27 cents ahead of it`s next run.

The big guns will run the stock and sell it back down triggering shallow stop loss orders on the way to accumulate even more shares - rinse / repeat all the way to $100 oil and $3.75 ATH.

MHO - GLTA 
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