Athabasca Oil Corp T.ATH

ATH produces only

[Duster340]

34,000 barrels per/day they are miniscule compared to the willow's 180,000 barrels per/day

[Maxmoe]

What's your point? I'll say it again.  1]irrelevant and immaterial. ATH could add that production for much less cost, much faster and still have 50 years of reserves without poking any more holes

[Maxmoe]

And no way any president will approve a big ugly oil project in Alaska. 

[Duster340]

your wrong the can not do it . #1 there is no appitite for it. #2 there 50 years of reserve would shrink to about 6.25 years.  #3 it would take years to build out the company to be about twice the size of meg, buy the time it got built oil will be @65 a barrel. so therefore it will never happen which=your comment is irrelevant and immaterial so whats your point.

[Maxmoe]

It's still more likely than anything being built in Alaska which was your irrational irrelevant ASSertion in the first place. P,s,  Ath has 100 years reserve, probable and possible category are multiples of that. 

[Maxmoe]

The company has a bazillion barrels that are added or subtracted at the stroke of the accountant's pencil or keyboard. They have so much they don't even talk about it anymore. But here's a snippet from past disclosures made by Ath. This is more than 10X what they report as reserves.  "Company has significant exposure to long dated resource in its Thermal Oil division with 6