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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 Sep 24, 2021 12:13pm
117 Views
Post# 33914202

RE:RE:RE:RE:RE:What’s with .88 cents

RE:RE:RE:RE:RE:What’s with .88 cents Hahaha! Old guys like me recognize human tendencies. If a stock I own goes down it's because management are crooked and incompetent. Like 2020 when ATH was slammed to 11 cents. BUT, if a stock I bought goes up, like ATH jumping 8X, it's got nothing to do with that exact same management team and board. It's because I'M A GENIUS! Bahaha. !
mlcb12345678910 wrote: Not surprised this is flat despite strong oil price and positive momentum. The longer the lid is kept down the greater the eventual blow out will be. If you sell, don't blame "corrupt" MM's just look in the mirror and that is who you should blame. I am in big time despite not being very impressed with the Management Team. Overpaid (at least relative to what they have delivered) and no skin in the game. Two things offset this risk, (1) my conviction that oil prices go up to $80.00 and that that Eric Nuttal who knows the business, has some serious coin in ATH. In this environment even a weak Management Team should be able to get the Refi done.

I am sitting on more than a double right now and I think there is much more upside on this......


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