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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Target 5.50
View:
Post by Moremoney4u on Nov 05, 2022 5:49am

Target 5.50

So eric has bought back in, a while ago, VERY NICE. HE has a target price of 5.50, the volumes have increased substantially, FUND MGRS. are loading up, stock price is climbing, we are getting ready to hit that target. OIL price forcast is 110.00. We might even be a TAKE OVER candidate. We will see it go throught the 3.00 $$  mark by next week. LOAD UP THE TRUCK.
Comment by DukesMtl on Nov 05, 2022 1:58pm
This dog couldn't even finish the week above 3.00 The recent run up before the earnings report was probably all we are getting and down from here as the beats of recession and high interest rates take prominence in the media. A full blown pandemic in China is also possible.
Comment by MLEWICKIMBA on Nov 06, 2022 4:06am
You are wrong buddy.  Half glass empty for sure.   First of all their debt is entirely manageable now as it is not due until October 2026.  They will redeem it in full well before then.  Second of all with interest rates as high as they are now and as high as they might go the Ath debt interest rate is pretty reasonable.  Think about that.  Thirdly, they need ...more