Athabasca Oil Corp T.ATH

Read some of the posts....lol

[old_dog]

Everyone is freaking....it's a long play not a Monday to Wednesday play......You guys keep forgeting they hedge their oil and they do it well...very well I might add so when oil dips $5.00 a barrell they sold their barrells for $5.00 more with hedging programs...so relax....and if oil drops $15.00 their bringing it out of the ground at MUCH HIGHER RATES....I figure they hedged their oil in the 60's or near abouts so they are laughing all the way to the bank.


I'll return you to your original progamming now.....THE FREAKING OUT SHOW.


old_dog

[Chris007]

They do indeed hedge about 1/2 their production. That being said, the price that they hedged nearly half their production in 2021 at around is $56 https://www.atha.com/uploads/presentation/aoc-corporate-presentation-march-2021.pdf See slide 6 or the Q4 md&a (page 16) https://www.atha.com/uploads/financials/2020/q4-2020---aoc-mhttps://www.atha.com/uploads/financials/2020/q4-2020---aoc-mda

[ZeroIzzue]

In any regards, there were definitely some panic selling and profit taking yesterday that was overdone. Hopefully this correction set a new floor of 0.50$ and bounce from here. As long as oil maintains at 60$ levels Ath is a pretty save bet, let's see how they can time the refinancing. GLTA

[Nothingmatters]

Whatever happened yesterday was overdone. Risk in investing in ath has reduced substantially imo. Once they refinance, Sp may become less volatile. Someone posted about kelt. Though they dont have debt, they sold their main asset last year to reduce debt. So not a good company. Ath I believe has the best reserves. Just need to capitalize on it. It is my opinion only. Glta

[Renofund]

these boards are hilarious.  One day people are "calling it" to go to 1.00 in short order, then next day the sky is falling.  Cant help but laugh

[Chris007]

Indeed, haven't heard from the "to the moon" crowd in a while...

[cahclick]

Remember Ralph ? To the moon Alice, to the moon ! glta

[Maxmoe]

The best part is it's the same people! Same troll farm. Same cubicle. Different username. Boss man Bing proclaims it's either a pumptard to the moon day, or it's all over, save yourselves!

[Nothingmatters]

Might not be a cubicle. Might be mama's basement.