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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 > The Good News . . .
View:
Post by cahclick on Jul 27, 2023 4:22pm

The Good News . . .

is that oil is hovering at $80.

If it does that for a couple years, ATH will have no debt, about a third less outstanding shares, and most likely be paying an eye watering monthly dividend.
I have a pretty good idea what that will do to SP.
That's something I can wait for.

Do the math. . .
OR, you can go chase something else.

All just my opinion of course.

glta longs

Comment by MLEWICKIMBA on Jul 27, 2023 5:43pm
It's great news. 2H 2023 momentum and end the year with less than 600m shares and a good cash balance and 150m usd in debt with three years remaining. We will get over the sell off.
Comment by bullhorn3 on Jul 27, 2023 6:02pm
MLEWICKIMBA, have you ever seen the old Disney movie "Pollyanna"? It's the story of a girl who can see a positive side in any rotten situation. Somehow, you remind me of her. I still own lots of ATH and also have faith that ATH will rise from the ashes.. someday... this year I hope. But I sure wish management of ATH was on the side of shareholders.
Comment by MLEWICKIMBA on Jul 27, 2023 6:33pm
Why don't you email them and tell them your opinion and expertise.   I don't watch Disney.
Comment by Maxmoe on Jul 28, 2023 5:48am
What a pile of bullyana. Who complains about how bad everything is when they're up HUGE? NOBODY! What's that movie called? Debbie Downer on SNL?  it already has "risen from the ashes". Far beyond the ash-hole left in the dust. 30 bagger and counting. hand me a phone, I'm calling BS on the "I still own lots". You sold and need to blame that on someone. why not ...more  
Comment by MLEWICKIMBA on Jul 28, 2023 8:56am
Thank you, Naxmoe Full steam ahead.
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