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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 Jun 08, 2023 10:15am
102 Views
Post# 35486336

RE:RE:Seriously.....where do you guys

RE:RE:Seriously.....where do you guys"If I listened doom and gloom idiots on this board I would have sold ATH long time ago, when it was 15 cents. Just saying."

2023 IS NOT 2020. Different time, different set of circumstances & events. I hope you DO realize at least that little fact. Maybe, smetimes, some doom & gloom is exacrtly what is needed for folks like you to avoid making big mistakes under false assumptions.


"This baby will undoubtedly be paying dividends at some point. "

Really?? Then show me how they will accomplish EXACTLY that. One only has to look at the lastest financials that's not even close to being feasible. Even at measley 3 cents divvy, the company is going to have to dish out almost $80M.!!!!!! Where are they gonna get all that non-exisitant cash lol? Pick it from the trees? Or maybe wait until it falls from the sky from the Lord above? LOL

You want a GOOD divvy stock, then buy Cardinal Energy which pays almost 10% AND they can service that no problem. Because that's they way they are set up. IF that's the type of investment you're looking for. Just don't go around looking for things that aren't possible, viable or don't exist at all. Just say'in.........

GLTA
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