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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

TSX:ATH - Post Discussion

Athabasca Oil Corp > Banks started downplaying Energy & Gold- SCAM, DON'T SELL!
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Post by Paray99 on Jul 13, 2023 11:11am

Banks started downplaying Energy & Gold- SCAM, DON'T SELL!

This is the perfect time to own energy and gold stocks. Rest of July and August will be highly rewarding in both these sectors. So, banks started to down weight both these sectors.

Today Barrick reported good Quarter, but all the news is negative. On BNN, they are showing every minute that Barrick reported below analyst estimates. Who the idiots those analysts are??

BMO downweighted many oil companies today. Other banks will follow, Everyone knows that now no one can stop Gold and Oil prices, and all these stocks will hit new highs. So, only thing banks can do now is to fool retail investors one last time. Why?

Because, with this high interest rate, banks don't like people having lot of cash on hand. Rather they like to loan you and screw you with more interests... 

Dont even think of selling any oil and gold/silver stocks. These will be rewarding really high soon. Accumulate more at any possible chance.

Comment by Cobalt on Jul 13, 2023 11:18am
USD is in a nose dive great for commodities , traded gold for 30 years now its garbage with Bitcoin sucking up that money, Try Copper names over gold , IVN less then 2% from breaking all time highs.ABX 97% from highs doubt i will ever touch gold again everthing was lined up for a massive TA breakout like 2 months back No tarders wanted it. DYODD
Comment by Cobalt on Jul 13, 2023 11:32am
off topic but look at Bitcoin ripping (gold for anyone under 55) Gold stuck in the mud
Athabasca Oil Corp