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 > RBC target price $1.00

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Comment by bosstradeon Jun 10, 2021 9:42am

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Post# 33361438

RE:RE:RBC target price $1.00

RBC basically said in their opening statement, that the funds are ignoring the industry. Tabacco industry number two. Targets give investors a sense of comfort. Oil over $70 WTI
The amount of $$$$ generated by the big boys will allow big dividends and lots if money for takeovers so they need no exploration.
This run will be far bigger then the initial one imo.

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