Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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.

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Athabasca Oil Corp > Eric out of ATH, so what?

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Post by AlbertaLeeon Dec 04, 2021 11:57am

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Post# 34198410

Eric out of ATH, so what?

If you think about this thouroughly, you will realize AFTER he's out of ATH, this price $1.18 is what we get.

Also means, he doesn't have a lot more to sell (ATH is no longer at TOP 10 holding, even if he still have some, he doesnt have a lot). So at this moment, he can only be buying more, get ready for the uptrend soon when he pouring in the money, be patient folks. Just like Delta news, market is almost priced in the Omicron news.

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