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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 > WCS
View:
Post by MrICE on Jan 18, 2022 10:47am

WCS

I've got "western Canadian Select " up $1.00 today. 

Way over $72.00 
crazy money now for ATH

Comment by Maxmoe on Jan 18, 2022 12:42pm
Yeehaw! They MUST be going to reverse the reserve write downs they took in the past, so big one time jump in reported earnings and book value. Those 40 year reserve life assets are worth every penny spent developing them and at $72USD for WCS, worth a lot more. Giddy up.  
Comment by ComradeKomissar on Jan 18, 2022 1:26pm
That's another $450M righ thar. I wonder if the market will recoginze the increase in equity in the balance sheet.
Comment by MrICE on Jan 18, 2022 2:24pm
Between reinstating the write downs AND the $3,500,000.00  tax credits this thing is way way undervalued 
Athabasca Oil Corp
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