Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Artek Exploration Ltd ARKXF

Bullboard (GREY:ARKXF)

View:
Post by teeveeon Feb 23, 2015 9:14am

RTK sells itself to KEL

  Artek to sell itself to Kelt in $307-million deal 2015-02-23 07:39 ET - News Release   Mr. Darryl Metcalfe reports ARTEK EXPLORATION LTD. ANNOUNCES BUSINESS COMBINATION WITH KELT ...more  
Comment by shambano1on Feb 13, 2015 3:19pm

RE:RE:RTK will be gone soon???

consolidating igna/fireweed and then selling remaining non-core assets is a good financial deal because it consolidates the fireweed asset and it will eliminate the overhead in RTK that now is spent ...more  
Comment by Thanksforplayingon Feb 13, 2015 12:34pm

RE:RTK will be gone soon???

Exactly. Kel has no long term debt good balance sheet.  Could raise some money to do a deal or just issue stock.   Could prob pick it up for 250 a share.
Comment by teeveeon Feb 13, 2015 12:07pm

RE:RTK will be gone soon???

First, an all paper offer from KEL would be a bad deal as KEL is one of the most over priced energy stocks on the market. Second, I can see no reason why KEL would make an offer for RTK as they can ...more  
Post by shambano1on Feb 13, 2015 10:12am

RTK will be gone soon???

looks like soemone wants to buy RTK and the only player I can think of is their JV partner in the inga/Fireweed play, KEL. KEL still has good value in their SP so they can easily swing a paper offer ...more  
Comment by mike49on Feb 13, 2015 12:03am

RE:RE:Feb presentation up.....

recently their partner came out with a number that proved up their play.no reason to doubt it but the market is the market so frig the world. these are smart guys.if one has the patience- i dunno ...more  
Comment by Thanksforplayingon Feb 12, 2015 12:42pm

RE:Feb presentation up.....

At a buck that would be a 80 mil mkt cap.  Someone will buy them out.  I could see them raise money at some point
Post by teeveeon Feb 11, 2015 1:32am

Feb presentation up.....

2 wells in first half 2015.....production now at standstill or down and debt now at $80 million. This stock going no where but down until price of oil and nat gas improve. I won't be surprised if ...more  
Comment by teeveeon Jan 07, 2015 1:15am

RE:Worst case scenario

yep, and RTK's debt is reported at $60 million after the production sale in the December presentation. 
Post by Luminouson Jan 06, 2015 10:19pm

Worst case scenario

Looking like oil will retest $30 at some point, Canadian western canada select grade already down to $40. If natural gas doesn't make a move this winter it too will test all time lows at $2. Not ...more  
Comment by roscoe74on Dec 11, 2014 2:21pm

RE:Insider unloads 2 million shares.....

I wonder if they unloaded them in November for $2.50 and will buy them back for $1.00 in January?
Post by teeveeon Dec 10, 2014 6:09pm

Insider unloads 2 million shares.....

According to Sedar filings, Cambridge Global Asset Management has sold down its position from 8.240 to 6.240 million shares as of Nov 30th, or a net sale of 2 million shares.......I wonder if they are ...more  
Comment by Luminouson Dec 08, 2014 10:20pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Asset sales

If the talking heads are saying that then it might be time to buy. It's funny how guys on the TOU board are saying insiders are buying but RTK insiders bought into the sucker rally at 3.00ish ...more  
Comment by teeveeon Dec 08, 2014 8:51pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Asset sales

all the talking heads are calling for  $2 AECO and shut in gas wells. If they really believe that, RTK can easily drop below $1.00/share or lower.......low oil prices will hurt gas liquids and ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >
{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities