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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

Post by Renofundon Oct 22, 2021 3:17pm
261 Views
Post# 34038747

Target vs. wishes

Target vs. wishesFunny to read people saying my "target" is this or that.  Would be curious to see the math behind some of these targets.  Picking a number becuase it sounds good, or gets your PA to a certain dollar figure is not a target, it is a wish.  This is a reason why people hold onto names too long, or exit too early.  There is no fundemantal reason for the price.  Read some posts from months ago with folks saying their "target" is 2.50 if and when oil hits $65.  Or, their target is 5 bucks in 2 years.  Maybe it hits that - I hope it does.  But ...  Based on what?! LOL.  I say this as a BULL on oil and of ATH and have a large position in the name.  
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