Athabasca Oil Corp T.ATH

Eric Nuttall still holding ATH

[MrICE]

ATH still in Nine Point Energy Fund.
should know shortly if he increases holdings or not.

[Renofund]

  keep in mind that while the % of the fund may not go up, the SIZE of the fund continues to grow, so 9.9% of 700MM vs. 600MM still means he would be buying to maintain his top 10. You also need to read through the prospectus to see what his max weight in any one name can be.  People freak out here (not you) about not seeing a bigger postion witbout realzing how it actually works 

[MrICE]

You're exactly right Renofund. Morningstar report should be out tomorrow with a breakdown and we will get a better picture or his thinking.   

[MrICE]

Eric did drop  MEG energy  , ARC energy  , Crecent point.  All 3 had a good run already.  ATH is coiled to pop especially if financing comes through. Obviously he thinks financing is still coming 

[Renofund]

Look at % in fund and then look and month over month asset growth in fund ... 

[Maxmoe]

As per ninepoint web site as at sept 30, Eric still has Ath in top 10. For whatever that's worth.

[Mindset]

Worth about 35ml shares. My gut tells me he's been the one lightening up at 98 cents. Regardless, lots of interest in ATH. Just wait till all the talk to push oil lower fails and the panic sets in. 

[Maxmoe]

Looks to me like he kept Ath as at sept 30. Dumped gear, or changed gear, pun intended, for American stock pioneer. First yankee stock he's owned in a while. https://www.ninepoint.com/funds/ninepoint-energy-fund/  

[ManitobaCanuck]

Remember we still dont know who bouth the other 55 million stocks from Equinor . Are they lightening up ? 

[Maxmoe]

I'd be very surprised if it was one guy or one fund. Who makes that much bank and doesn't brag about it publicly? A "strategic" buyer, that's who. Like CNQ, SU, Chinese. Other possibility is they've been peeling off shares on the way up and have been done since the pop from 50 to 75 in may. They too stayed under 10% so unless they buy more, we'll never know. Fun fact.

[x-x-x]

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[GoldenEra]

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[ManitobaCanuck]

Its Cathy Wood who bought it , She wants to force the company to convert the DIno Oil to Snake + Whale Oil and use it to make 100% Snake Oil Powered Renewable Energy to mine Bitcoins to sell to Eco wokes .  ROFL  

[Godzillaman]

I still say its that BioXXXtch Carol Baskins!!!