OTCPK:ARNBF - Post by User
Post by
rookieoilinvestoron Mar 14, 2013 10:28am
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Post# 21128996
Waterflood
Waterflood Longogluestick.... you don't know what you are talking about! Waterflood is fine! The general sentiment of the oveall market and a possible correction is the catalyst for the downward move on th stock price. If there is a correction in the next month or two, juniors usually get wacked! I'm in this for the long run and just picked up more shares at the 0.71 cents. The average consensus of the 10 analysts is $1.30 a share with a $2 target from Scotia bank by the end of the year! That doesn't include a possible take out! If you believe in Arcan and its vast holdings, this is the time to pick away and add shares..... Longogluestick, I guess I have to thank you for your negative views...I'm sure you have scared some investors that don't understand the prospect of the company....Arcan has hedged 2000 barrels through 2014. They are not going bankrupt and its only a matter of time before the big boys need more land to pump out the oil.....Arcan shareholder that buy now will be rewarded big time....enough said!!