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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Energy Oil & Gas E&P
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 > Eric Nuttall added 20 million shares to 51 million
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Post by MrICE on Nov 08, 2021 6:26am

Eric Nuttall added 20 million shares to 51 million

In October Nine Point energy added just under 20 million more shares for a total of 51 million shares of ATHABASCA. that maxes them out to just under the 10% of the company. 

Obviously he believes the company has a lot more upside.

Comment by Tijana20 on Nov 08, 2021 6:39am
Nuttall has had an awesome year with his fund AND is expecting another 100% gain so what stock fits the bill better than ATH to have that type of torque? Fact is....we should be @ $2 NOW and,personally,I'm expecting this to get there fast :) BTW technicals are looking stellar :) $1.24/share with WTI over $80????? We are ridiculously mispriced...follow Nuttall and the smart $$.
Comment by Renofund on Nov 08, 2021 7:18am
agreed! Chart looks great, hopefully a good week for oil and hopefully some generalists looking to add!
Comment by Maxmoe on Nov 08, 2021 8:54am
Data source?
Comment by MrICE on Nov 08, 2021 8:58am
Morningstar.ca  nine Point energy fund https://www.morningstar.ca/ca/report/fund/portfolio.aspx?t=0P000075KO
Comment by Maxmoe on Nov 08, 2021 9:28am
wierd wierd data reported on Morningstar. If you look up ATH it shows he owns 35 million and sold 10 million. Neither a large buy , nor a large sale, fits with his comments on BNN Friday   https://www.morningstar.ca/ca/report/stocks/ownership.aspx?t=0P0000NOGC&lang=en-CA  
Comment by Maxmoe on Nov 08, 2021 9:35am
Maybe the ninepoint etf is messing with the data
Comment by MrICE on Nov 08, 2021 9:41am
Look at the dates for the Ath one. It hasn't been updated to end of October like the nine point data. Give it a day or two. 
Comment by yycimport on Nov 08, 2021 10:04am
if you click on "more ownership data" below the top 5, it shows Nine point at 50M shares or 9.42% ownership as of Oct31
Comment by Maxmoe on Nov 08, 2021 10:10am
Beats me. Not clear to me if he bought, sold, or did nothing in October. As long as it's jumping 10% a day we shouldn't care eh? 
Comment by MrICE on Nov 08, 2021 10:25am
https://www.morningstar.ca/ca/report/stocks/performance.aspx?t=0P0000NOGC go to ownership then to ownership details 
Comment by MrICE on Nov 08, 2021 10:28am
They own 9.42 % of ATHABASCA now 
Comment by bigstar10 on Nov 08, 2021 10:32am
And he's unloading now....snake
Comment by Tijana20 on Nov 08, 2021 10:38am
 LOL gotta laugh at the soft bashing....we are worth over $2 now....just stop and buy :)
Comment by bigstar10 on Nov 08, 2021 10:57am
Not soft bashing,,,,I'm loading up!!!! Nutall is a snake though, and is always in the weeds usually doing opposite what he says on TV
Comment by Tijana20 on Nov 08, 2021 11:04am
IMO hes holding those 51 MILLION shares tight and expecting $2 +++ AND I suspect he thinks ATH will get gobbled up.
Comment by Maxmoe on Nov 08, 2021 11:05am
Yeah right. Maybe next time one of his top picks will be BMO which he can never own just to satisfy the cheap shots from the peanut gallery. LOL. Let's see. Stock is up 18 cents last I checked. Eric paid 18 cents for 10% of the company in January. I'm good. Whatever he's doing , keep it going. The fomo bash and buy gang is amusing though.
Comment by Renofund on Nov 08, 2021 10:43am
  easy there "big star" ... you might move markets with your weak attempt at a hot take 
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