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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 > This is not bad
View:
Post by lovehockey on Oct 07, 2021 5:15pm

This is not bad

I am happy that I took my half out several days ago but quite honestly this is not bad. Wait for it to toil in 90 cent perhaps below 90 cent range but then it should definitely take off to $1.20 then $1.50. I think we will never know but they must have been struggling to get the deal done. Now that it is done they bought themselves this valuable time to take care of the debt situation and become truly a great company.
Comment by Eigen337 on Oct 07, 2021 5:20pm
This post has been removed in accordance with Community Policy
Comment by lovehockey on Oct 07, 2021 5:27pm
No, I hold almost half a million worth of this stock. I want it to do well. Yes I was hoping for the better deal but I am ready to move on. You need to walk in their shoes to know all the facts. I do think there was some knowledge that ATH struggled to get a deal done, that explains many things including constantly suppressed share price. Now this is done we will have a different chapter. Also ...more  
Comment by NWOntario on Oct 07, 2021 5:49pm
As oil bulls who all believe this stock should be trading at $2 minimum based on oil prices, the markets have put a FMV of this stock at .94 over a five day average, mgmt is dealing with the reality of the energy sector being viewed as a poor investment area, with a multiple rerate that we all are hoping for, but this will take time. Mgmt is weak, but did we not invest in this stock as an ' ...more  
Comment by NWOntario on Oct 07, 2021 5:51pm
1.5M