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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 rexrexon Jan 22, 2021 10:01am
1125 Views
Post# 32358464

Eric Nuttall 9.9% Stake

Eric Nuttall 9.9% StakeAccording to Eric's twitter feed, he has staked 9.9% in possibly ATH. He sees a 400% upside which from 0.18cents purchase = $0.90 cents a share. That is HUGE. I am now very confident that ATH debt will be rolled over SOON.....or another Major may now acquire ATH for all share deal ...Eric is a very smart investor, take the time and go over his Twitter presentation of November 26,2020. He makes a very compelling and bullish argument for oil supported by FACTS. I feel very happy with my ATH purchase now, time to press the snooze button and wait for summer for a potential 300% to 400% upside....maybe sooner....imo...
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