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Bullboard - Stock Discussion Forum 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Plain and Simple
View:
Post by rexrex on Jan 11, 2021 10:37am

Plain and Simple

With oil now above $50, there is no reason the ATH should be below $1....that said fortune favours the bold.. Once more and more population in the US and Canada receive vaccination I see ATH rising towards $1....
Comment by Hendrick3 on Jan 11, 2021 11:57am
I agree that ATH is underpriced and has some upside from here. I am long the stock.  But there is every reason that it will remain well below a $1. On a relative basis to other players, its performance is horrible. It's market cap is over $100million and at a dollar it would be worth half a billion. That would be extraordinarily high relative to players who produce much more cash such ...more  
Comment by fellowship on Jan 11, 2021 12:07pm
You should buy more when others are dumping. Plain and simple. Oil here, oil there in the end is just oil. 
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