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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

Post by Maxmoeon Aug 12, 2022 4:33pm
241 Views
Post# 34892837

Hey twitterheads, or twits, or twots

Hey twitterheads, or twits, or twots What do you refer to fellow twitter users as anyway? I don't do twitter but I understand Eric does. Can one of you do us all a big favour? I noticed his fund earns "securities lending income " of about $300,000 for the six months ended June 30, 2022 compared to only $14,000 in 2021. This means his fund is lending securities, probably to shorters. A very large number of shares because the fees per holding are minuscule. So speaking of "burn the shorts", Eric can cause them all kinds of pain with ATH shares which as we know has a huge short position. All he has to is contact his custodian and tell them the ATH shares are no longer available for lending. He could do that for all his 12 stocks, but especially the small caps where he has such a large % of the float. Maybe he's not aware of this option he has with the custodian. Maybe he could pass this on to rob broen and Matt Taylor. They could in turn remind other money managers of this option. I can almost hear shorty squeal when he gets a call his share loan has been yanked. PM me if you or he need more info. 
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