Athabasca Oil Corp T.ATH

Treading water

[MrICE]

Feel like we aren't going to see much movement for a while. 

need a Catalyst like. 

1) corporate update
2) oil price rises over $80.00
3)May have to wait till financials 
4) someone like Eric Nuttall,Rafi Tahmazian or Josh Young spark some interest. 

Staying long

[ComradeKomissar]

Speaking of financials: shouldn't they reverse the "impairements" taken in 2020? That's like $500M right thar.

[filefish]

I think the next catalyst will be the announcement of redemption of some Notes as they had planned to do on the last update. Hopefully at least $US50mil.That announcement should be made by the Q1 financials release, maybe sooneer. Clear Debt Reduction Targets. The Company will direct at least 75% of future free cash flow to reducing its term debt. Athabasca is targeting total outstanding

[Cobalt]

Or maybe just a chart that stands out this is one of the few not overbought , still 20% from highs while so many are ripping through their highs , MACD juicy ,I could go on but the hollow red candles speak volume cheers