Athabasca Oil Corp T.ATH

We've moved up.

[MLEWICKIMBA]

1. We've moved up

2. Athabasca is chipping away at share buybacks 

3. Athabasca is chipping away at remaining debt

4. Athabasca is gearing up to produce more especially from their prized Statoil assets

5. The metrics are in our favour especially the diffential

6. We are going north of 3.50 soon and onward to 4.00

7. WCS and North American heavy oils become scarcer with Mexico Refinery ongoing commissioning and Canada's TMX eventual start up.

It's only 5 months away until share buybacks hit 45m shares minimum and debt hits $145m USD and Cash on Hand is 200m CAD.

Those achievements mean 4 plus....

[newtonboy]

ATH has been very good to me.  Nothing wrong with share buy backs as long as management treats it as such and do not contiue to reward themselves with too many free shares in terms of options, performance bonuses et el. I also am curious as to why they don't pay off the debt completely with the on hand cash and be done with it.  Must be a very substantial cash penalty to do so by the