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 > How do we know if EN is selling Ath?

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Comment by cahclickon Aug 09, 2023 6:36pm

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Post# 35580632

RE:How do we know if EN is selling Ath?

OGInvest0r wrote:
Rumors are going around. But how do we know for sure? Does someone have their ear to the ground (ie watching the trades)? I am at a loss for why so much selling pressure and such weird penny up half penny down trades occurred all day today.

Like I said, some days there's no esplaining.

Try to remember though, ATH closed up 32 cents last week. It closed up another 2 pennies yesterday.
I can't imagine why EN would sell. He owns 10% of the company and it's on a tear.

I do know though that the big commercial boys with deep pockets know how to steal shares from guys that panic over half a penny.

glta

GO ATH GO