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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Energy Oil & Gas E&P
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 > WTI @ $65
View:
Post by senseimike on Mar 09, 2021 11:57am

WTI @ $65

Is amazing that this stock is trading for cash flow this year. Just need to wait a few more quarters people.
Comment by unlimitedsonic on Mar 09, 2021 12:20pm
I bought ATH at 0.27 back in Jan. Thinks are shaping up to be a great year for ATH. I also assess that 2022 will likely be an even greater year. So... I am not selling my shares, and I am holding on like a Anaconda who's holding his pray.
Comment by senseimike on Mar 09, 2021 12:37pm
You have the right idea. We will be in a supply deficit until at least May of next year given the US is pumping between 2-3M barrels less than peak and it will take a little time for them to repair their balance sheets and get greedy again after this fiasco. That should keep the prices high throughout this year until they ramp up again. The Saudis seem to be counting on that.  Is a shame ...more  
Athabasca Oil Corp
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