Athabasca Oil Corp T.ATH

WTI barrel to 1 BTC = 651

[lovehockey]

I think this is a very interesting subject for the years to come. If only somehow the oil started selling in Bitcoins it would have been huge for Oil producers as wel as for Bitcoin holders. 

651 as of Jan 5, 2021. Let's watch that number from now on.

[lovehockey]

Jan 6 - 1 BTC = 688 barrels of WTI

[lovehockey]

February 10, 2021 - 1 BTC = 762 barrels of WTI

[lovehockey]

I can't believe it. Another jump for Bitcoin, as of Feb 19 1 Bitcoin can buy 952 barrels of oil. The whole ATH daily production is now probably less than 30 stupid bitcoin. What an insane world we live in. 

[Chris007]

Well, the thing that is even more odd is the negative correlation between gold and bitcoin...initally bitcoin was being touted as digital gold and a hedge against inflation and currency debasement...now they act completely opposite. Bitcoin is basically a risk-on asset, no different than stocks

[lovehockey]

I know, I can't understand it. Problem is that Bitcoin now seems to be the most consistent and the most proven investment option of the last 10 years. How can you beat that? Who the heck is behind it. This is someone's project of insane proportions and it gets support at some very high levels. How the heck can you explain that there are probably more bitcoin cash machines in Calgary than

[mlcb2525]

Just think when Bitcoin hits $100K.............

[lovehockey]

$100K? I think this insanity will go way beyond $1M in the next 2 or 3 years. There will be idiots with thousands of bitcoins they mined in 2003 that can probably buy entire Canadian energy sector. 

[fellowship]

lol..you know liquidity? will be their demise. 

[Maxmoe]

I'm quite happy with my little hoard of gold and silver. And a well diversified portfolio of in index funds and etfs plus my "fun money" like Ath. 

[ManitobaCanuck]

MayBoy  ,you have a grandpa s portfolio ..ROFL . Remember YOLO ....  I skimmed out half my principal in this stock. Safely parked in VRE . Going to use further debt to pay down mortgage.. Thinking twice ,should I even pay it down? Regards 

[Eigen337]

This post has been removed in accordance with Community Policy

[Chris007]

Been rewatching the Terminator movies?

[Backinblack1000]

This post has been removed in accordance with Community Policy

[khyber2]

Hi Eigan337. Do you or anyone else know if Eric N. still has the 50 million shares of Ath. and do you really think we have a chance of Ath. going up anytime soon ? Or do you think we're done for? Regards, The Khyber

[littledave55555]

it will go up ... an eric isn't going to tell you anything ... but good things , his job is to make his members money . An he is really good at it.... If oil , wti goes up this week an it will... ath will go up.lots of room for improvement...

[Chris007]

lol...he bought 9.9% of the shares outstanding for a reason... at 9.9% he is just below the 10% threshold whereby he would be required to report as an insider As with all his stock picks, you'll find out if/when he trades out of the position after the fact... That being said, the man loves to trade...434% portfolio turnover annually  [url=https://www.morningstar.ca/ca/report/fund

[Maxmoe]

What's a mortgage? Yeah I had one of those until I finally paid it off a few years ago. Hahaha. My yolo money is mostly in energy names right now. Haven't sold any Ath or bte yet. 

[ManitobaCanuck]

Lol ,with current mortgage rates of 1.3% thinking of making only interest payments .Its okay tobe mortgaged when u get more than 6-8%  on REITs . Mortgages are too cheap to be paid back in full now  

[Maxmoe]

I laughed every month on the 1st for years after I paid off mine. 

[lovehockey]

Perfect day to do it. March 18 - 1 BTC = 988 barrels of WTI.  All of these manipulations with crude for US can be easily stopped if some of the oil is sold in crypto. 

[Nothingmatters]

Does not make sense for oil to go down this much. All manipulation I believe. My opinion only. Just to take stocks from weaker hands. Gtla