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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 smallcaptdron Jun 14, 2022 6:22pm
207 Views
Post# 34756555

RE:the price seems to be stuck around 3,00 and 3,20$

RE:the price seems to be stuck around 3,00 and 3,20$Can't be afraid of the market! Ask any Billionaire what do they do on market selloff and they'll tell you that they buy on weakness!  Remember the crash in 2008-2009 did you know that Warren Buffett announced to the investment world that he would lead the way in buying sold off stocks and he bought the railway empire saying that this was the time to buy and shortly after that correction when everyone else was talking about a depression the market started a fresh bull run! And that’s why he’s worth Billion$. Every correction is followed by the next bull run! So don’t be afraid and don’t sell you’ll feel sick to your stomach when you watch the stock recovering and it will happen.
Look at this chart at 2009 recovery and you’ll understand the way the market works.
 
https://www.stockwatch.com/Chart/Advanced/U/$INDU/20  

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