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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 > MANAGENT HAS TO GO. EMAIL THEM AND LET THEM KNOW.
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Post by bosstrade on Sep 24, 2021 5:41am

MANAGENT HAS TO GO. EMAIL THEM AND LET THEM KNOW.

Management of a public company have a duty to communicate to shareholders. Management have a duty to do whats best for the company and not themselves. Its called breach of fiduciary responsibilities if they do otherwise.
Every company would have refinanced if they could. No company would miss a bull run because of financing if they could refinance. No company would wait on refinancing and pay lower fees immediately just to gain more cash flow. No good management at any company would want their shareholders doing what we are, wondering if refinancing is coming.
Management has had a free ride. Big salaries, big options and no results in a timely fashion and just sat on cash for to cover their salaries. Management does not communicate to shareholders and when they have about money from tank farm sale, they lied. Said they would buy back shares and didn't. Thes arent goverment or union employees. If we don't like what they are doing we get rid of them as shareholders. 
We all like the assets as I'm sure Waterous fund does. If management has been in contact with these crooks, we know they have cooked up a deal for themselves, not the shareholders. We ALL need to contact Matt Taylor and ask about Waterous and refinancing. If everyone on this board did, we would send a clear message.
Comment by senseimike on Sep 24, 2021 10:41am
All good points boss. Someone has to be the seller of a lot of shares here. Would be very interesting to see if the buyer and seller have a mutual interest that is served on the opposite sides of this trade.
Comment by churchofnutsacc on Sep 24, 2021 10:49am
I really don't trust Nuttal. He was a big seller at $1. One week he's pumping ATH, the next he's selling to us.
Comment by x-x-x on Sep 24, 2021 10:51am
This post has been removed in accordance with Community Policy
Comment by churchofnutsacc on Sep 24, 2021 10:53am
Us as in retail. Assuming you are a retail investor, which entirely all of ATH's shareholders are at this point.
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