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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 lovehockeyon Sep 24, 2021 4:14pm
198 Views
Post# 33915445

RE:RE:Drum roll please....drop to .85 at the close

RE:RE:Drum roll please....drop to .85 at the closeATH is being played all the way until re-finance news. You have to take part in this game like I did today. Very often morning trading will show you what is going to happen to ATH at the end of the day and today was one of these days. If it struggles to jump when everything else does you almost are guaranteed that it will go down at the closing. GXE btw also has very similar trading patterns these days. 

Right now day trading this thing once a week is the way to go and Fridays are usually pretty good days for that as it is usually one of the most predictable days. Bottom line is WCS and WTI keep climbing, these price ranges will be gone sooner or later however in short term there are opportunities to increase number of shares owned by selling higher and buying lower because you know these opportunities keep coming back. 
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