Arcan Resources Ltd ARNBF

Don't know what to believe anymore--dropzone

[bakken13]

We will have a much clearer picture after the next quarterly report.

ARN isn't the only junior to get caught with too much debt, as the huge oil price discounts we saw this summer hit the cash flow of all producers. A lot of ARN's problems came about simply from lousy timing. Those discounts have mostly disappeared lately, so hopefully their numbers are much improved.