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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 > First OBE, than IPO and SGY --- ATH will have its week
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Post by Rational43 on Jan 14, 2022 5:00pm

First OBE, than IPO and SGY --- ATH will have its week

Its week where its up 40%, followed by another week of being up 20%.

One stock after another I've held has been frustrating as it went no where, than rocketed (except IPO where I bought for a week before taking off).

In every case it was frustrating to watch it hold, while other stocks with similar fundamentals exploded higher, but ATH will get its due.  

In some ways its nice to compound, and sell off big runners to re-invest in those who haven't yet run.  

ATH is a $5 stock in the next few years.  Right now there are no analysts following it who have any idea of the value being hidden here.  Give them a few quarters.
Comment by WRig33JN on Jan 14, 2022 5:48pm
@ Rational43 Thanks for helping calm my nerves. Ive been seriously rattled since i held IPO for so long then missed its big run due to some account restructuring. I'm still new at this. January marks 1 year buying into oil stocks. So i took my IPO profits and bought ATH instead. Its taken A LOT to calm my nerves last couple days.
Comment by WRig33JN on Jan 14, 2022 5:50pm
@ Rational43... chances are you bought my IPO shares early in the week.. lol
Comment by fellowship on Jan 14, 2022 5:50pm
I believe there is more to value as things will start unraveling.
Comment by ManitobaCanuck on Jan 16, 2022 12:27pm
Agree Fellowship. IF Oil hits 100$ and stays there for a few years like it did in 2010 to 2014 then yes we may see that levels and infact double digits . Every 5$ increase in Oil gets these guyz 70 mill  ( if unhedged ) . So essentially if Oil hits 100$ they get 680million$ a year .Approx 1.2 $ a stockin addition to current profits and at 7-10% yield this is > 10$ stock. Just need 80 ...more  
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