OTCPK:ARNBF - Post by User
Post by
rad10on Aug 07, 2014 10:16am
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Post# 22817244
Game over?
Game over? Sounds like LTS will be voting no to the deal
From LTS report this morning:
OTHER
We hold approximately 16.9% equity interest in Arcan Resources Ltd. (Arcan). Based on our review of the available information, and a meeting with Aspenleaf Energy Limited to discuss the proposed arrangement, we are of the view that the proposed transaction does not provide optimal value for our investment in Arcan.
(Cut and paste from investor village) Will call lightstream IR today to confirm.
One would have thought Arcan would have got the big boys onside before spending our money on floating this deal.......................................