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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Athabasca Oil Corp > Warrant outstanding versus short
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Post by BLACKJACK86on Mar 03, 2023 10:36am
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Post# 35317402

Warrant outstanding versus short

Warrant outstanding versus shortstill 139,000 warrants outstanding, each warrant convert into 227 share , that's 31.5 millions share.You think the warrants holders are shorting the stock?
That did happen with Nortel , they made a financing with warrant and the warrant holder shorted the stock, basically killing Nortel  (won't happen with Ath of course), somebody even came on BNN to brag about making a killing for their clients.

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