Athabasca Oil Corp T.ATH

Meanwhile

[Maxmoe]

As long as Ath doesn't reverse course and decide they want to pile on debt to expand operations or make a big splashy acquisition, it'll remain my largest holding. I sold my baytex as soon as they announced their big acquisition and debt load that goes with it. It's not impossible to make an accretive acquisition if they were to increase ownership of the assets in their existing neighborhood like cnq did but the temptation to follow the baytex example must be growing. The Ath assets are so undervalued it's financially difficult to find anything better than continuing to buy their own stock. The greatest risk I continue to see is that same valuation gap makes ATH a beautiful accretive acquisition for anyone else to drop into their business. It's a bit of a blessing that oil sands assets are still not politically popular or Ath would have been snapped up long ago.

[matt2018]

dont see any problem with being snapped up at the right price. Even if you are making all the right moves (like ATH), the Oil price will ultimately be what drives your stock price higher. Thats why these analyst price targets dont mean very much. What are they basing the Oil price on to make up these targets? I can say ATH could be worth $10 share with $140 Oil. But I have no idea if it will get

[spurwing2]

ATH did their IPO in April 2010 at $18.00. WTI was around $84.00.Even half of $18.00 would be awesome!