Arcan Resources Ltd ARNBF

RE: RE: RE: RE: ARN

[barneymillar]

Poseiden counted revenue that was not yet received and look where they are now. Accounting rules are very clear and the management of that company may face legal action in the future. I am talking about oil companies that follow the guidelines. As in any exchange there are companies that should be examined more carefully.Obviously you do not read financial statements, probably too many numbers? The analysts look at oil companies very carefully and yes there are some that blow up like Poseiden.

Although I have enjoyed debating this issue with you your overall negative outlook prevents you from looking at the potential value of a company and commenting on that. I suspect that your glass is always half empty. Have a nice day, oh ya you already commented on that, at least that was positive? Adios.