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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 Maxmoeon Sep 18, 2023 12:29pm
200 Views
Post# 35641568

Desjardins

DesjardinsWhy would anyone sell based on an opinion from desjardins. Did anyone buy based on his earlier opinion? NO!  There have been no analysts bullish on ATH. The very few that cover it have bumped their targets AFTER every big move up. They've come along kicking and screaming all the way up from when I bought at 11 or when Eric bought at 18. He did his own DD, so did I, so did anyone that's been a long term owner. So screw the Johnny come lately analysts with their "hold" ratings as their targets double and double again. And good luck to the day trading flippers, they'll need luck to outperform the longs. Anyone going to be surprised if ATH closes up today? I won't. 
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