Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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

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Athabasca Oil Corp > wti continues to drop

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Post by Duster340 on Jun 22, 2023 11:25am

wti continues to drop

currently $69.81 even after a draw down, now you guys are going to get squeazed as the price goes lower, it is the classic sucker trap lol

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Comment by MuskokaNeeds on Jun 22, 2023 11:51am

Look at downside risk, Maybe we go to $2.50 but upside potential is incredible. All the wheels are churning away as we wait. Drinks on me at $6

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Comment by TheWokeLemming on Jun 22, 2023 12:10pm

More opportunity to buy is how I look at it. The story hasn't changed. Demand is still outstripping supply. They can only dump stored oil into the market for so long. Unless one needs to sell based on a timeline it's just sit and wait. I ask myself "where will WTI be in 4 months?" My opinion only.

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Athabasca Oil Corp