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Bullboard - Stock Discussion Forum
Arcan Resources Ltd
ARNBF
Energy
Oil & Gas E&P
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Bullboard (OTCPK:ARNBF)
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(0)
•••
hardeehar
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Comment by
hardeehar
on Jun 23, 2014 12:39pm
RE:RE:Do we know how long the halt will be? EOM
From my experience news is released shortly after the halt, so I'm expected news anytime now. I doubt the halt will carry on without any news into tomorrow's AGM. Based on the recent
...more
(0)
•••
jd43xl
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Comment by
jd43xl
on Jun 23, 2014 12:28pm
RE:Do we know how long the halt will be? EOM
NO
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(4)
•••
jacek99
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Post by
jacek99
on Jun 23, 2014 12:28pm
Do we know how long the halt will be? EOM
EOM
(0)
•••
hardeehar
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Comment by
hardeehar
on Jun 23, 2014 12:25pm
RE:Survival
Very interesting...halt the stock the day before the AGM? My guess is a takeover offer for the company has been made, or they finally sold DM2. No the company is not going under.
(0)
•••
ExtremeSkiing
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Comment by
ExtremeSkiing
on Jun 23, 2014 12:21pm
RE:Survival
Hopefully the news is that the CEO was fired without a huge bonus for leaving. Talk about a useless fool. The news will be absolutely nothing, venture exchange is a joke.
(0)
•••
jd43xl
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Comment by
jd43xl
on Jun 23, 2014 12:19pm
RE:RE:RE:Why are they dragging this so long
Don't be stupid, it isn't going bankrupt, as their assets are worth far more than their debts. Friggin moron.
(0)
•••
ExtremeSkiing
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Comment by
ExtremeSkiing
on Jun 23, 2014 11:32am
RE:RE:Why are they dragging this so long
So you think its a bankruptcy statement. If so we just lost everything, as we are last on the list. Venture exchange is pure fraud and unregulated too.
(0)
•••
jd43xl
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Comment by
jd43xl
on Jun 23, 2014 11:31am
RE:Any thoughts as to whether the news will be...
As long as it is a sale of the company, it will be good. Anything less, is bad.
(4)
•••
jacek99
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Post by
jacek99
on Jun 23, 2014 11:26am
Any thoughts as to whether the news will be...
...positive or negative?
(0)
•••
jd43xl
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Comment by
jd43xl
on Jun 23, 2014 11:19am
RE:Why are they dragging this so long
It is obviously something major, and they didn't want any leaks this morning. So it is good they halted trading even if the news doesn't come out until the end of the day. No point in getting
...more
(4)
•••
jacek99
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Comment by
jacek99
on Jun 23, 2014 11:00am
RE:Why are they dragging this so long
I don't get it either. Why must we wait so long for the news? Is somebody proofreading it LOL?
(0)
•••
ExtremeSkiing
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Post by
ExtremeSkiing
on Jun 23, 2014 9:56am
Why are they dragging this so long
News is news, bring it on you scum. It should be a law, got news, release it.
(4)
•••
jacek99
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Post by
jacek99
on Jun 23, 2014 9:03am
HALTED!!!
Looks like we'll have news soon enough. Hopefully good news!!!
(0)
•••
nlr2
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Comment by
nlr2
on Jun 23, 2014 1:11am
RE:RE:RE:RE:RE:potential investor; insight requested
Good points Mombasa, I agree. Thanks for adding on. If the first series of debentures was paid off they would save around $5 per BOE/D which would go right to the bottom line. So they would lose 32.32
...more
(0)
•••
mombasa1
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Comment by
mombasa1
on Jun 21, 2014 2:31pm
RE:RE:RE:RE:potential investor; insight requested
Here are a couple more points to add to your analysis nlr2. Arcan's debt is unsustainable long term. They will have to address it sooner than later, so IMO the sale of DM2 is not an option.
...more
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