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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 filefishon Apr 20, 2022 5:35pm
319 Views
Post# 34618181

RE:RE:RE:RE:RE:RE:RE:sold 10%

RE:RE:RE:RE:RE:RE:RE:sold 10%Yes, I had exactly the same experience as you did. Scared to death about my investment situation 2 years ago. Having mostly recovered from the abyss, I have left 1/2 my proceeds in Cash. Feel more comfortable holding MEG  than ATH . Again, nice trading on your part so far, just be protected on the downside in case  the unexpected comes up.     

ManitobaCanuck wrote: Agree Oil n Gas is place to be . I like ATH more than MEG , torque is better . Honestly .I had 95% of my portfolio in Oilgas , now I have droped to 85% . so still holding on. Need to get more $$$s out and diversify . I sold and got all into oil in 2020 . Need stability now ...Lol
filefish wrote: MC, its a cathartic thing to do, expressing the satisfaction of taking profits after all we have been thru as ATH shareholders. I too have mostly unwound my large position over the past several weeks using price targets as selling points for a specific traunch of shares. While  ATH may continue to benefit greatly in the future, I have deployed half of my proceeds into a safer company MEG, which will benefit even more and will most likely return CF to directly to shareholders sooner than ATH. Canadian Oil sands continue to be the place to be invested.

ManitobaCanuck wrote: I know ,a vacation for sure , I am posting less and less now , watching the bashers and pumpers . Have a new car Audi s4 bought it last year , paid off the Ex , Paid off the mortgage .I guess I will need to find a place to deploy some of the funds for retirement . 4% returns per year is good enough  for me to  have home expenses covered .
Asphalt20 wrote: Happy for you ManitobaCanuck, CONGRATULATIONS!! .....if I make 10% of what you've made I would be delighted!!!. Let me think, New car?, New House?, long vacation?...tough decisions I know!!

 

 




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