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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 > SHOUTOUT: ATH 'Might' TAKE A CRACK AT Greenfire Resources ?
View:
Post by ztransforms173 on Sep 19, 2024 10:57am

SHOUTOUT: ATH 'Might' TAKE A CRACK AT Greenfire Resources ?

Comment by Maxmoe on Sep 19, 2024 12:25pm
Or vice versa, waterous plugs Ath into Gfr to own a smaller % of a MUCH larger combined producer
Comment by ztransforms173 on Sep 19, 2024 1:12pm
- Waterous Energy Fund (WEF) through SCR has TOO MUCH DEBT to TAKE ON ATH and ATH shareholders will be VERY RELUCTANT to TAKE ON SCR shares - the BODs and CEO of Athabasca Oil will have NOTHING TO DO with WEF (SCR) UNLESS they PUT CASH on the TABLE and OFFER a SUBSTANTIAL PREMIUM  to the ATH share price - so your proposal is CUCKOO z173
Comment by Maxmoe on Sep 19, 2024 1:44pm
I NEVER IMPLIED IT WAS A GOOD IDEA !!!  nor have I suggested who would bid for who. Just that they make a handsome couple. Speaking of CUCKOO, WHY ARE YOU YELLING AGAIN ??? COCOA PUFFS!!!  I own both stocks because they are both very undervalued. I'd be quite happy if ATH sticks to zero debt , limited capex, and huge buybacks as cash flow permits. Ideally, GFR will beat back ...more  
Comment by BigJake on Sep 19, 2024 5:59pm
I don't think that Waterous cares one way or the other. Even if all they do is sell their shares into the market once Greenfire is producing it should be close to a 4 bagger for them which is a pretty good return.
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