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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 > ATH cashflow model used by E Nuttall
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Post by Nic777 on Jan 22, 2021 12:46pm

ATH cashflow model used by E Nuttall

He hasn't said specifically it's ATH but look at the numbers and the expected target price..

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Comment by Nic777 on Jan 22, 2021 12:47pm
(2) ExCEO on Twitter: "@ericnuttall So who is this mystery company? Quit holding out on us Nuttall!" / Twitter
Comment by Maxmoe on Jan 22, 2021 1:14pm
By the way a 400% return is a 5 bagger so he is saying 5x18=90 cent target. source:fun with math, or things I learned at math camp. A double to 36 is a 100% return. A triple to 54 is a 200% return. A 4 bagger aka quad is 72 for a 300% return. etc
Comment by Chris007 on Jan 22, 2021 12:51pm
https://twitter.com/ericnuttall/status/1352646378120499205/photo/1 You can definitely see the potential at higher oil prices and narrower differentials.  That being said, it is good that he provided this info, as it backs up his stance on market call that this stock is basically a call option on 60+ dollar oil. D/CF improves dramatically at $60...D/CF at 50 WTI is downright scary at almost ...more  
Comment by 2020oilgamble on Jan 22, 2021 12:58pm
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Comment by Oil2018 on Jan 22, 2021 1:03pm
Does the stock appear on this top 10 on his site?  Or is too early for that to happen?  Either way seems to be holding well either way..........don't understand why it didn't shoot up during the oil run we had of December.   Something anchoring it down obviously.
Comment by Maxmoe on Jan 22, 2021 1:15pm
The top ten holdings is updated monthly
Comment by rexrex on Jan 22, 2021 2:13pm
Hi, just my 2 cents here but I think it is anchored down and being accumulated for 1 main reason: debt is being rolled over very soon at favourable rates. Once that is announced ATH will rise from underwater like a held down balloon....imo
Comment by Backinblack1000 on Jan 22, 2021 1:05pm
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