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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 Aug 12, 2022 4:03pm
245 Views
Post# 34892713

RE:RE:RE:Eric Nuttall loves Ath

RE:RE:RE:Eric Nuttall loves AthI believe he said his fund is now $1.7 BILLION. So 50 million shares at $2.40 is only $120 million which is only 7% of his fund. So it may very well be #12 of 12 but it's also 50 of 570 which means he owns 9% of the company. For sure the largest shareholder of ATH. Just a couple years ago his entire fund was about $120 million. Kaching! Notice in the disclosures he also owns it personally? Now if he put it in his wife's tfsa, that's the highest pressure client of all.
Andyfelter wrote: The fund has become much larger and only lists the top ten holdings of the 12 stocks it holds. Owns 50 million shares of ATH. Biggest shareholder of company.


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