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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 mrmomoon Mar 03, 2023 1:54pm
140 Views
Post# 35318067

RE:RE:RE:RE:Valuations toally out-of-whack....

RE:RE:RE:RE:Valuations toally out-of-whack....I think i've said plenty enough, both on my opinion on why it's trading at these ridiculous levels, as well as what the FACTUAL basis for that premise was. You can either take those statements & opinions for what they are or completely disregard them if you wish for whatever reasons or motives you harbour.  I'm not really surprised at the reactions i usually get when i make strong (but factual! btw!) statements on these forums, especially when it goes against the grain, so what your bringing to the table isn't something i haven't seen or heard before. I'm use to constantly defending myself against ignorance and those who try to push a certain narrarive. So....all i can say is this.... for those that go in blindly, ignoring the facts and don't take heed of my warnings, like yourself, they WILL learn the leassons the HARD way.

in addition, NO ONE in their right mind, will buy a junior Canadian heavy oil producer at $70k+ per flowing barrel. There's just too many better & cheaper options to be had. In addtition, as far as credibility stands, i've been on here for at least two decades and been pretty accurate on most of my predcitions. It's all there in the open for folks to see & read, well, it use to be until SH just recently deleted everyone's past history. But maybe with some luck, you can still catch a glimpse into some of my more insighful comments.on this sector.......if oyu can still find them.....happy hunting....

GLTA


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