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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 cahclickon Oct 08, 2022 8:58am
251 Views
Post# 35013832

RE:RE:RE:Sellers Beware

RE:RE:RE:Sellers Beware

 

You've mentioned this before and I hope you're right.

A little bit of transparency would go a long way on this issue but it seems the banks and market makers want to remain anonymous and seem to be able to keep the lawmakers and laws such that that they can hide their nefarious activities.

Anyway . . . everyone enjoy your turkey or ham it up !

jmo
glta




 

 


Maxmoe wrote: That huge short just makes no sense to me as a traditional naked short. There must be an offset to those shorts. It's got to be connected to the warrants. Long warrants + Short Stock = Locking in sale price of stock after warrants are exercised. Resolution = 1) Exercise warrants by cutting a cheque to ATH and take delivery of shares. 2) Use these new shares to cover the short. Warrant holder pockets the spread between whatever price they put on the short, whatever it cost to borrow the shares, and the exercise price they paid to get the shares. Those warrants must be attached to that debt deal from a year ago. Without a copy of that debt agreement in front of me, I can't know the entirety of the terms, but I'm hoping ATH can repay the debt and accelerate the exercise the warrant exercise and/or settle the warrants with the cash value. Maybe ALL this will be tidied up this month with the debt anniversary. That'd be nice.

cahclick wrote:

 

I just checked iiroc short report for end of September.
ATH short position increased another million shares in the last two weeks of September to 37+ million shares.
I'm looking forward to the day these cats get clipped for their handy work.

Nice to see oil up another buck fifty this morning. It will keep upward pressure on ATH so should be another green day.

glta longs
 





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