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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 Deutz9170on Nov 24, 2023 10:23am
97 Views
Post# 35751437

RE:The Market Should be Celebrating Acquisitions

RE:The Market Should be Celebrating AcquisitionsAll great points. But if the markets don't get their Olympic cycle liquidity injection.  None of this matters. It's been three years since Canada alone borrowed 700 billion, for the flu like symptons some, we're experiencing.  Right now , I believe, the entire market has lost liquidity. And the big money has started to go to the sidelines.  Leaving mostly the passive investing crowd, with their payroll deduction, every two weeks, proping up the markets.  The trading volume seems to support my theory.  ATH is a solid company. But it still needs financial engineering for the share price to rise.
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