Arcan Resources Ltd ARNBF

It's just a matter of time, and how much.

[needtomakeabuck]

33% of ARN owned by two big players like PBN and CP,,,,c'mon, ya gotta know that ARN is a player in Swan Hills ripe for the taking.

PBN buys more soon and they can average about $1.25 still before it takes off.....maybe they are buying too!!!

CP is in at $5.08 on average !!! So for them to better position themselves they should be buying sooner than later to take advantage of the lower price.  Surprised they did not buy more under the $1.00 mark.....or did they? Are they a buyer lately too?

Maybe they are quietly buying just like PBN did.

GLTA

[iaminvestor]

Fully agree....this is a bidding war.....  

[LongoGlueStick]

Since Petrobakken bought a little while back, it put ARN into play as a takeover candidate.  Obviously CPG saw value at $5 so now the question is will they let this asset go at this cheap price or are they going to fight Petrobakken for it.  Petrobakken got in at .89 so I bet the people at CPG are p-ssed about this.  I know that the debt is high but it is the reserves that they

[wordless]

PBN buys more soon and they can average about $1.25 still before it takes off.....maybe they are buying too!!! CP is in at $5.08 on average !!! So for them to better position themselves they should be buying sooner than later to take advantage of the lower price.  Surprised they did not buy more under the $1.00 mark.....or did they? Are they a buyer lately too? Maybe they are

[needtomakeabuck]

Do you think CP may have other holding companies? They have to do something to offset the $5.08 they got in for vs PBN $0.89