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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 smallcaptdron Jun 08, 2022 4:26pm
560 Views
Post# 34741620

consolidation today

consolidation today I`ve been waiting for this correction and you count on this going higher tomorrow because this is when you want to buy, chances are that this could run right back up to $3.40+ in the morning, any case if you buy and hold you will be rewarded because this bull run has just stopped for a breather. I ended up picking up a fair amount of shares today because its guaranteed money as it continue its run up towards $4. One great sign is that todays volume was 10Mil short of the normal day volume signaling that there wasnt as many sellers and that bolds well for tomorrow. Another thing is that the company hasnt changed its still flowing cash out of the ground and theres still huge value to the upside here.
If you own shares bought at a higher price heres a great opportunity to average down buying in the morning. GLTA  JMHO
(always DD)
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