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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 > Nice Boost in Pricing
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Post by andy604 on Sep 13, 2024 10:53am

Nice Boost in Pricing

I really think oil will go to $75 and stay steady until at least March-Apr.  of course i would love to see $80, but always happy over $70 but even happier when someone makes a offer to buy them out, its my own outlook for oil
Comment by Oil2018 on Sep 13, 2024 11:12am
Yes...good poont. I own close to 400k and my heart stops when it drops like it did.  What keeps me in is a buyout? Is it coming you think?
Comment by smartmoni on Sep 13, 2024 1:08pm
Impossible to predict if a buyout is coming. I STRONGLY believe that taking into account the years of reserves and tax advantages that at some point it will happen...but when is the big ?. I know that Eric Nuttall is very close to mgmt...so I just follow closely when he has repurchased mega shares.......and he currently does hold ATH! Lol. I have been in this one since .75 cents and BUYING all the ...more  
Comment by Maxmoe on Sep 14, 2024 12:18am
Yes poor Eric dumped all his stock 530-540 range. I bet he'd rather he sold his bte or meg instead. If he got back in at 480ish as claimed he sure didn't do as well taking 60 cents  (60/540=11%) out of Ath compared to what he could have clipped from bte. Bte and Ath were the same price when he dumped Ath. If he dumped bte he woulda coulda shoulda clipped double that. Same for meg. And ...more  
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