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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

Comment by Chris007on Jun 17, 2021 12:22am
246 Views
Post# 33400383

RE:RE:RE:RE:RE:Time to settle down

RE:RE:RE:RE:RE:Time to settle downTFSA is probably the most ideal account for holding these small cap energy investments. 

No taxes on the gains.

Yes, i suppose if things had gone the other way, you wouldn't get your capital losses. However, luckily, things have worked out nicely the last year, and its extra sweet to not have to share any of it with the taxman.

ManitobaCanuck wrote:
Mindset wrote:

I ain't selling one share. No sense giving the govt 25% of my profit. Diamond hands. Lol. 

$10 or bust. 



My investments are through my small business holding company . So ,only capital gains paid only on 50% and i use the small business tax rate deduction .Tax planning is the key


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