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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TSX:ATH - Post Discussion

Athabasca Oil Corp > ATH CEO SAID THREE YEARS AGO

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Post by MLEWICKIMBA on Apr 20, 2024 8:30am

ATH CEO SAID THREE YEARS AGO

WCS CRUDE OIL BENCHMARK WOULD BECOME VERY IMPORTANT.

WE ARE SEEING THAT NOW AND IN THE NEXT FEW MONTHS.

Happy Weekend.

ML

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Comment by CJInvestor on Apr 20, 2024 9:27am

Nice to see you post again ML! What are your thoughts on the last couple of weeks for Ath trading action? Is 6 bucks in the cards still for May/June?

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Comment by MLEWICKIMBA on Apr 20, 2024 11:39am

Hello CJInvestor and everyone else. We are in interesting times for sure. We had a run and now a bit of a pullback. About 10% on most stocks. ATH is a special case because they have cash and they have land to develop amongst other things. Also Rob Broen is an O&G Entrepreneur and smart as can be. I think they will pay off their remaning debt in the next 6m and build their cash to 500M CAD ...more

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