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Bullboard - Stock Discussion Forum
Arcan Resources Ltd
ARNBF
Energy
Oil & Gas E&P
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Bullboard (OTCPK:ARNBF)
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(198)
•••
rad10
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Comment by
rad10
on Sep 29, 2014 7:17pm
RE:RE:Bank Review of Arcan's Credit Line
It would appear the correct decision was made teevee.................. Your prediction of an implosion in the debenture pricing hasn't really materialised. (10% drop not the 50% drop you
...more
(4)
•••
seriousinvest
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Comment by
seriousinvest
on Sep 28, 2014 5:18pm
RE:RE:Bank Review of Arcan's Credit Line
Hey genius how do you know how CPG voted. I agree that LTS publicly indicated that it would vote against the plan but as far as I can tell CPG was silent(at least publicly) on the issue. So
...more
(6)
•••
teevee
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Comment by
teevee
on Sep 26, 2014 7:47pm
RE:Bank Review of Arcan's Credit Line
debenture holders had a chance to get out with 82.5% of their skin. Shareholders voted in favor except for LTS and CPG who may be interested in picking up the assets directly, and leaving the
...more
(0)
•••
hardeehar
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Post by
hardeehar
on Sep 26, 2014 9:16am
Bank Review of Arcan's Credit Line
Is coming due next month. With weak oil prices I'm not expecting a favorable outcome. Just what major shareholders LTS and CPG are hoping for IMO - a distressed sale of Arcan's assets
...more
(4)
•••
seriousinvest
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Comment by
seriousinvest
on Sep 25, 2014 8:47pm
RE:debenture holders screwed themselves.....
You have been wrong more often than Cheney. First, the shareholders did not approve the transaction so even if the debentureholders had approved the transaction it would not have happened.
...more
(6)
•••
teevee
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Post by
teevee
on Sep 25, 2014 3:03pm
debenture holders screwed themselves.....
Debenture holders screwed themselves. First, the price will continue to drift down. Second, the first series debenture holders have to think about what they will do with all the shares when they get
...more
(0)
•••
BWJohn
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Post by
BWJohn
on Sep 24, 2014 3:07pm
3:14 PM EDT Arcan Resources Ltd. reaches new 52-week Low - Q
Stellar performance - step right up for your bonus
(157)
•••
pennydredful
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Post by
pennydredful
on Sep 03, 2014 3:05pm
ARCAN bonds up on LTS sale to CPG
looks they can buy Arcan now . Sold 3300 barrels for
...more
(198)
•••
rad10
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Comment by
rad10
on Sep 03, 2014 1:29pm
RE:RE:RE:RE:Arcan and the banks
Exactly - Why Aspenleaf thought debt holders would accept a haircut is beyond me. Pikeys - shame on them!
(20)
•••
mike49
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Comment by
mike49
on Sep 01, 2014 1:02am
RE:RE:I finally found the actual vote tally
aspen offered the deal because they smelled blood.arn mngt wanted it because that was the only way to get paid.the biggest share holders said "no"so arn came up with this 'retention'
...more
(6)
•••
teevee
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Comment by
teevee
on Aug 31, 2014 3:27pm
RE:Toast!
The series A debs are holding up well. Could it be that buyers expect to be paid with stock, giving them 80% control of the company? If so, then theymust be prepared to recapitalize the company after
...more
(198)
•••
rad10
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Comment by
rad10
on Aug 30, 2014 8:04am
RE:Spending money without a care in the world if it makes
It's the Calgary Country Club in action..................... Gotta love them.
(0)
•••
BWJohn
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Post by
BWJohn
on Aug 27, 2014 12:44am
Spending money without a care in the world if it makes
sense/cents or not! Are they serious? "Arcan has identified employee retention as a key risk in its ability to retain and develop highly skilled individuals and key management employees. In
...more
(0)
•••
BWJohn
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Comment by
BWJohn
on Aug 26, 2014 1:45pm
RE:RE:RE:I finally found the actual vote tally
Come on - the banks are only a small part of this problem - ARN is really at the whim of this managment who have managed to snatch disaster out of mouth of success. The share price was slowly
...more
(0)
•••
BWJohn
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Comment by
BWJohn
on Aug 26, 2014 1:33pm
RE:RE:I finally found the actual vote tally
"Who will run the company if the Board resigns?" Really - I'll bet if they put a advert out and they will be swamped with talented people wanting well paid jobs and a chance to make some
...more
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