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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 > The news last night was super
View:
Post by 45yessss on Feb 03, 2022 2:48pm

The news last night was super

All systems go. I wish they had no hedging but thats probably not going to hurt much. The fact that they again mentioned they have a $2.4 billion tax credit makes me believe thay are close to a takeover--MEG is my my guess sometime this spring--lets hope for $2-2.50
Comment by dandu1924 on Feb 03, 2022 3:00pm
Usualy the buyout  is: the last 20 average + % and with the market  we should have at least 100%  prime.  So $2.50 to $3.00 , sounds very possible.
Comment by widrig on Feb 03, 2022 3:12pm
Yep something juicy in the works imo, why else would they put out preliminary year end results and guidance. Opportunity knocks, if oil pushes to 100. If we continue to pop, the premiums just gonna go up and up........
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