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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 OGInvest0ron Nov 08, 2023 6:37pm
193 Views
Post# 35724839

RE:RE:What is happening

RE:RE:What is happeningWow you echo my thoughts exactly. It was just 440 end of September. Nothing has changed. In fact the balance sheet is cleaner leaner and meaner sincer earnings. Buybacks proceeding right on schedule. Now they can buy even more shares for the same cash. Eventually we rise past 450 and this is a small blip on the yearly Ath chart. Look at all the blips like this for ath on google charts. Sure they were painful at the time but no healthy stock goes straight up without falls. And we are getting healthier and healthier by the year. So what did I do today? I bought more :) it's called buying the dip Jimmy. Don't put it all in all at once. 
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