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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 Maxmoeon Jul 06, 2021 7:48am
187 Views
Post# 33497876

RE:RE:RE:RE:RE:Reiterate my buyout target for those who didn’t see

RE:RE:RE:RE:RE:Reiterate my buyout target for those who didn’t see I have that guy on ignore from long ago but I'd point out that the tax losses on the ATH books have absolutely nothing to do with the alleged trading gains or losses of any investor whether they are flippers or holders since the ipo.  It is theoretically possible for a company to have tax losses and to never trade below its ipo price. Just as it's possible for a company with no tax losses ever to suffer a 50% drop in the stock price. He's confusing his alleged trading prowess with the annual financials reported by the company and filed by the company with CRA.  He may also be exaggerating his trading a little , LOL.
Chris007 wrote: Indeed...the keyword here is "traded"...as a long term "investment", its obviously been a diaster, as per the massive tax pools

bdeparde wrote: I've traded it since the IPO flopped. I think I've always made money.
Chris007 wrote: Yup. There has definitely been a crapload of capital destruction over the years in regard to ATH. 

Definitely would have been a harrowing experience to own the stock over the course of the previous 10-15 years. 

That being said, if you managed to get in the last year or so, its been a nice ride.


ComradeKomissar wrote: LOL: ATH has a "tax pool" coverage so YUGE(18x) RBC Capital Markets couldn't fit it in this chart.
 

 

 




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