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 lovehockeyon Apr 23, 2021 12:17pm

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Post# 33055435

Reality

Ok, so the price isn't going up for ATH last month, but it doesn't for all other canadian energy. Very important indicators:

1. No sell-off. Nobody sells ATH. The volume is back to pathetic and majority of trades I see via TMX site are low volume trades within the same brokers. That tells me they only happen to control the price.

2. Number of short shares on IIROC fell again in the last report. All shorted shares as per the report account for $1mln. That is it. Nobody shorts this thing anymore. Why? Too risky!

ATHABASCA OIL CORPORATION J

ATH

TSX

2112162

-249738

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