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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 > SVB fine - restructure and most cash still there
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Post by Longgame99 on Mar 13, 2023 4:24pm

SVB fine - restructure and most cash still there

Those of you following - SVB is fine have a read on how they screwed up - it didnt "crash" the stock price did but the assets are still there - they got "protected" temp to restructure their assets.

Powells fault, not theirs, well they chose a bad asset to put their surplus cash in - but noboady modelled for these interest rate levels. 

The "other bank" is a Crypto Bank - and if you buy cryptos, you may as well wire your cash to me don't just waste it lol. 

Buy oil producers, with strong balance sheets, huge FCF, huge tax credits for seven years, 99 years of oil in the ground...buying back their stock 10% a year till they are private in a few years...

Pretty safe bet and huge SP upside on ATH?

What are you thoughts out there please? Anything else remotely like this in oil producers with this little risk and this much upside? 

Please advise - but dont tout your stocks here on ATH lol
Comment by Dibah420 on Mar 13, 2023 5:19pm
and if you buy cryptos, you may as well wire your cash to me don't just waste it lol.  What,  lost faith in banks?   There is safe haven in crypto!!!! Or so they seem to think down south. Symbol   Name Price (Intraday) Change % Change Market Cap Volume in Currency (Since 0:00 UTC)  ...more  
Comment by Longgame99 on Mar 13, 2023 11:35pm
Bitcoin Dead cat bounce...false rally, BTC and ETH gonna come off hard after this "false rally" when the Fed starts dropping interest rates in second half of the year as they will be forced to do... Fed is killing the bond market right now - all the small banks at risk becuase of stupid Fed cranking of interest rates without a clue how that would effect small banks loaded with low yield ...more  
Comment by Deutz9170 on Mar 13, 2023 11:50pm
Putin wins if JPOW can't keep the dollar strong
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