Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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.

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Athabasca Oil Corp > Something is cooking here

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Comment by cahclickon Feb 06, 2023 2:09pm

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Post# 35269786

RE:RE:Something is cooking here

Just an update on my post below. The iiroc short report is out for end of January 2023.
The number of shares short jumped by 2.4 million to 40.4 million

So much for my theory of exiting shorts causing the bump in volume and price last week. :)

glta

cahclick wrote:

I'm sticking with my guess that the big jump in volume the last 4 days was caused by the rats fleeing the ship. We will find out in a few days when iiroc publishes their month end report. If it turns out to be true, that will be another huge monkey off ATH's back.
The shorts also know the "Preliminary 2022" results are about to hit the table and since they are likely to wildly positive, the shorts exited before getting skinned alive.

All just my opinion.

Another fantastic day for ATH

GLTA