Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Maxmoeon Mar 25, 2024 4:48pm
270 Views
Post# 35951570

RE:RE:RE:Nice close

RE:RE:RE:Nice close
Maxmoe wrote: Happy, happy days indeed. I remember nervously when Ath crossed so many milestones but what I remember most were the clowns that were somehow convinced if they bashed ATH , their stock would somehow go up. They polluted the board trying to convince us to sell and buy their cruddy oil stock instead. Tamarack made me nervous because the company looked so good. Still does, tve was trading at $2 and $3 when ATH was struggling to get through $1 and then hold it. The bashers were on us like frat boys on a keg of beer. But then last year it happened. We passed like 2 ships in the night with ATH going up and TVE going down. There was Baytex, which I owned until the announced their , lesson not learned from history, acquisition of USA high priced assets. It was $6. And now? Another ship in the night as it sailed way below $5 and is now lower than ATH. What's next I wonder? I'm watching BIR which I bought after the crash from the divy cut. How smugly they claimed to never use hedging because investors don't want them. Turns out that's true when oil/gas are ripping higher. The flippers get apoplectic about hedging losses. Man, a big hedge book at $5 gas would look good right about now eh? We got close when BIR visited the 4.60s where ATH now just went to the top of. I'm expecting to pass BIR next on my list, but hopefully it won't be 2 ships again going in opposite directions. Just ATH out front with full sails stealing all the wind as we sail to and through $6. GLTA. Including tve,bte bir and all. 

Looks like bir has been passed, who's next? Cpg maybe? Will Ath trade through $10 ? Or will cpg sell off ? Yeah, who cares, as long as ATH keeps hitting new 52w highs. GiddyUP ! I need the gains to offset bir doing nothing! 
<< Previous
Bullboard Posts
Next >>