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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 > ATH 100 year oil Reserves !!!!!
View:
Post by WONDER1STOCK on Nov 17, 2022 8:12pm

ATH 100 year oil Reserves !!!!!

Oil will rebound and ATH will be the stock to be in with little or no debt, lots and lots of tax write offs , lower cost production due from lower debt. I think we will see ATH at 5.00 before years end and that is why I will add when I can. glta
Comment by cahclick on Nov 17, 2022 9:09pm
You forgot about the 99 bottles of years on the wall  
Comment by Maxmoe on Nov 18, 2022 12:56am
Lol. That's my thing! And I don't even drink. The monotony of the song seemed appropriate for the number of times the reserve life has been the headline. One double at a time. I got no reply from mgmt when I asked if "early December " meant week 1 or will they drag it on to week 2. But without all the bottle rockets and cartwheels we're expecting with that update, dare I say, ...more  
Comment by MLEWICKIMBA on Nov 18, 2022 1:39am
They state update in December forthcoming. They wont go into 2023 without their update, production plan, capital budget, cash on hand, etc. My guess is they will make another payment of 20M on the debt..... fingers crossed...
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