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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 Other EN
View:
Post by MLEWICKIMBA on Jan 13, 2023 7:35am

The Other EN

https://www.bnnbloomberg.ca/video/three-energy-stocks-to-play-oil-s-winning-streak-cole-smead~2607969

He says Meg tax losses should be use by bigger firms in an acquisition.

So that means Ath too -- it's an easier acquisition.
Comment by MLEWICKIMBA on Jan 13, 2023 8:09am
What it also means is Ath stayed profitable during December and January thus far as no taxes paid and maybe their debt at 9.875% isn't that bad given prime rate currently.  Almost an asset -- imagine. Let's get Ath to 3 bucks as the new bottom..... Have a great weekend. ML
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