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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 Feb 02, 2022 1:38pm
143 Views
Post# 34389879

RE:Seems to be kept down

RE:Seems to be kept downYes I remember a year ago. Barely. I don't believe "they" kept this under 20 for nutsac, but if equinor is so stupid they broadcast they have 100 million shares for sale, nobody will pay up and the trading pros at the major brokerage firms will alert all their big clients a big block is for sale.  Reminds me of way,way,way back in the day when the Swiss central bank announced it was going to liquidate major tonnage of gold bullion from their reserves. And tada! Gold price dropped until the sale was complete, then took off.
ManitobaCanuck wrote: Not sure if someone is keeping this dwn for a low average price for a takeout.Remember they kep this under 20 cents so Nutsac could 50million from Equinor at 18 cents 


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