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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 > Insider Buying
View:
Post by Mindset on Jun 11, 2021 12:59pm

Insider Buying

She's about to take off... 

https://twitter.com/garquake/status/1403394580440092678?s=20
Comment by duderguy72 on Jun 11, 2021 1:03pm
Checking out the tweet, he seems to be mistaking Athabasca Minerals.
Comment by Mindset on Jun 11, 2021 1:07pm
lol dammit
Comment by Nothingmatters on Jun 11, 2021 1:11pm
Yeah dammit. It is frustrating. Fair value according to morning star is 1.11. Oh c'mon.
Comment by Mindset on Jun 11, 2021 1:31pm
Well, we are above the 200 week moving average. If thats any consolation... ha 
Comment by Maxmoe on Jun 11, 2021 9:12pm
Grumpy grampy knows Morningstar valuations are based on arbitrary assumptions wrapped in a guise of math. They can change as quickly as the stock prices. At $70 oil there are enormous additions to reserves that are just a reversal of the 2020 impairments. Grumpy Grampy estimate is at least $300 million reversal so 60 cents per share. It could be as much as $1 a share. PLUS nobody is talking about ...more  
Comment by Nothingmatters on Jun 11, 2021 9:46pm
Thanks grampy, I noticed morning stars fair value changed. from 1.93 to 1.11. I was like wtf. I also believe another double is possible. Fingers crossed. Imo
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