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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 > Nothing to worry. Elon cannot get batteries run this world!
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Post by Paray99 on Jan 19, 2022 11:54am

Nothing to worry. Elon cannot get batteries run this world!

Oil will shortly hit $100 for sure. Nothing can stop it, if you and me need to pump gas to run our car and need to heat our homes in winter, and need to eat. Also, majority of industries run on oil/gas, not even thinkable of batteries. ATH will be getting over $1.60 by end of this week.
Comment by Maxmoe on Jan 19, 2022 12:38pm
A curious question. How many BILLIONS of barrels of oil will be used to create the EV vehicles, motors, infrastructure, batteries, etc etc to get to each 10% displacement of oil consumption? It's an overlooked equation. There is simply not enough spare oil to burn, pun intended, for EV to displace ICE at anything other than a gradual slow rate.
Comment by khyber2 on Jan 19, 2022 12:48pm
So, Maxmoe, please tell me what you think of GTE , look at the update from yesteray. P.S. I own Ath  Thanks
Comment by Maxmoe on Jan 19, 2022 1:02pm
My mother told me if I didn't have anything nice to say I shouldn't say anything. LOL. But I never listened. The louder that jackhole basher dwdc screams, the more likely he's doing the opposite. Absolutely nobody cares what he says anyway. That help? Id certainly not trade Ath for it. Canada and alberta have their problems with econut politics but South America adds a whole extra ...more  
Comment by khyber2 on Jan 19, 2022 1:07pm
Thanks, that helps. Bu,but, but, look at their projected free cash flow, and thei repayment of their debt. Is that all BS, Thanks the Khyber
Comment by Paray99 on Jan 19, 2022 4:31pm
I was just looking at my neighbours moving the snow after Monday's storm. Anyone with an electrical snow blower was just stuck and couldn't move... Only saviour was a gas powered blower!  Oil and gas are not going to go away anytime soon.... My guess is not even in another 50 years!  
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