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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 retiredcfon Dec 06, 2023 12:01pm
250 Views
Post# 35771151

RE:Poor Eric

RE:Poor Eric
cahclick wrote: <p> &nbsp;</p> <p> I don&#39;t know how the poor guy can walk.<br /> Every time the price goes down he gets ripped a new one.<br /> Instead of running to BNN every time he&#39;s on, just go it alone.<br /> If you have zero dollars invested with him, I think he has zero responsibility to you.<br /> <br /> I don&#39;t have any money invested with him and don&#39;t rely on his picks but I give him lots of credit for working a sector and punching for O &amp; G every day.<br /> <br /> jmo<br /> <br /> go ath go</p>


Yes Eric Nuttall did make ATH one of his top picks but in this case, there's a lot more than that. We have recommendations from the likes of Rick Rule, Alex Ruus and John Zechner. We have targets ranging from $4.50 ((Eight Capital, TD, Desjardins) to $5.00 (Stifel, RBC, ATB) to $5.50 (Canaccord). We also have it as a 3% holding in the TD Model Small Cap Portfolio.

Yes the energy sector has been weak and the doomsayers and/or shorters begin to populate the BBs. Others are saying that the oil prices are being manipulated by traders, computer bots, etc. Tough to do sometimes but best to stick to fundamentals and ignore the noise. GLTA  

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