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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

Post by Maximus10on Mar 29, 2023 4:06pm
603 Views
Post# 35367707

Smell good what a gem!

Smell good what a gem!ATH was my pick when it was 11 cents. Today hits 3.25 dollars. I was searching the second ATH. I guess i found one.

NCI.V posted 11.89 million dollars Revenue and 1.36 million dollars Net profit in 2021.

NCI posted 11.90 million dollars Revenue and 1.18 million dollars Net profit in 3 quarters of 2022.

The company posted last 9 quarters Net profit consequently. 

The company has about 25 million dollars backlog.

NCI has 147 million outstanding shares, 93 million public float. Insiders hold 36.59% of shares.

This Is a very undervalued gem. Hard to find the second.





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