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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Comment by Maxmoeon Apr 25, 2022 12:03am
133 Views
Post# 34628007

RE:RE:RE:RE:How'd y'all interpret these insider moves?

RE:RE:RE:RE:How'd y'all interpret these insider moves?Ok, I'll try, but I'm not hopeful . If you believe "whenever" insiders start cashing in stock , of any kind, it's negative and you make that comment with specific reference to these options and rsu shares,then that sounds anti option to me. The alternative is what?they just let them expire? Did you check and see that these options were set to expire or not? Of course they will exercise before they expire.  Have you ever been granted options ? If they exercise a year before they expire they should be fired for being financially inept. If they sold stock at 18, also should be fired for being stupid.
Tartar3 wrote: To be pro-options suggest someone else is anti-options, I've re-read my post many times and I've yet to see anti-options anywhere in my post, enlighten me please? but maybe the post was way to cryptic for you to understand, so let me be clear, whenever energy insiders start cashing in stock, of any kind, it usually suggest a near term top, research it and you'll find the evidence there, btw I've been here since below .18ct and haven't sold 1 share yet, but seeing the selling in many O&G companies in the last few months makes me re-think my position, but as usual I hope I'm wrong.


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