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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

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Post by Tartar3 on Jun 19, 2021 6:25am

WTI

The bearish camp was unsucessful in bringing down the price and that probably means its going higher, how high is anyones guess, but higher, which is more good news for ATH,ATH needs a year at this level to repair the balance sheet, if so, start pulling out the 10 year chart for the possibilities of how high it could go, but that's a next year story.
Comment by CandyC on Jun 19, 2021 9:11am
From most reputable analysts I have seen over the last month expect WTI to be $80-$100 for at least 4 years 
Comment by Chris007 on Jun 19, 2021 12:41pm
LOL...its difficult enough to forecast commodity prices 6 months out, much less 4 years... As with all commodities, the cure for high prices, is high prices. 
Comment by Nothingmatters on Jun 19, 2021 1:14pm
This summer is going to be the best. Tighten your seat belts fellas...
Comment by CandyC on Jun 19, 2021 3:21pm
I don't see me paying under $1.30 for gas in Ontario this summer. Lots of road trips for people that were cooped up and wanting to travel. I would think $1.45 or higher by July 1 
Comment by Tartar3 on Jun 19, 2021 4:47pm
True, crystal balls are a dime for a dozen because they don't work, no matter what investment firm name you attach to it, however like they do we can always hope
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