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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > Over valued?
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Comment by teeveeon May 01, 2012 11:21am
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Post# 19856510

RE: Over valued?

RE: Over valued?

When balance sheets get strectched, the usual outcome is for the banking syndicate to call the line of credit, forcing a private placement at a deep discount to current market, and then forcing a sale of the company. The banks get their money back, and they mop the floor with retail equity. 

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