ATHOF - Athabasca Oil: Raking In The Cash
Athabasca Oil (OTCPK:ATHOF) is making one surprising move after another. Those moves are designed to preserve liquidity while at the same time demonstrate the value of the underlying assets. Mr. Market is ignoring the improving financial position. However, enough operating progress could force a revision despite the Canadian headwinds that put this stock and many Canadian competitors in the doghouse.
"Athabasca Oil Corporation Announces C$265 Million Leismer Infrastructure Transaction, Preliminary 2019 Capital Guidance of C$95 - C$110 Million and Streamlined Cost Structure"
Not only did the company have plenty of liquidity to start