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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 w8asecon Jun 05, 2024 7:04pm
134 Views
Post# 36074164

RE:RE:More downside today

RE:RE:More downside todayI can think of 1000 companies that are a better short play than this....companies with no balance sheet, making no money trading at insane multiple.... this has to be a dumb scary short to hold... A company with a strong balance sheet, buying back shares.... just one international insident away from skyrocking oil price surges..... A risk management nightmare.

CJInvestor wrote: I have found, Gassy, that the more short shares that exist on Ath over the last couple of years, the higher the rebound up effect you guys have on share price in the future. So people like you who short are a godsend to our share price value long term. Thank you for your contribution to my retirement fund. Now a 2 bagger and counting on Ath. Many on here are 5 x and over. Go Ath. 


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