RE: RE: RE: RE: What Ever Happened to...Double J, thanks for completely ignoring my summation of ARH's last six or so months and for not providing any insight as to the recent performance of ARH and whether or not the specific facts that I presented might add up to the current value of .055. Just one more point I should have added, do you know what the burn rate is with regard to expenses and the subsequent effect it is going to have on the cash flow position? I'll bet it is fairly high, last year it was estimated by some on this board in the 700k range. But I digress.
With regard to your assertation that you are "lily white" with regard to your posts and my assertation that you are a pumper, perhaps you could take a moment and explain what it is you meant by this:
"ARH has lots of nat gas in the Chambers- Ferrier Area, Alberta Canada. And can drill more wells in that area. All this is over and above the oil wells." 1/3/2011-Jjeerryy
The last report listing probable and provable resources certainly did not show that ARH "has lots of gas in the Chambers- Ferrier Area, Alberta Canada." In addition there is absolutely no mention of any "oil wells". One can speculate about what's there, but you're not speculating, and the "oil wells?" They have one producing well, the one they bought from Golden Eagle, in addition the repayment of the loan to Ionic which in part was the money they used to buy the well is part of the reason they got in the cash jam that Joe Devris was referencing back in June when Altima was close to going under. By the way, ARH can drill more wells in the area but at around $1,000,000 a well is it reasonable, considering their cash position, to suggest to an investor
trying to learn about ARH that this is actually plausible? Is it just as likely that you were tipping the bottle marked "PUMP" a bit heavy when you wrote that?
How about this one:
"I am sitting waiting on good news on ARH and NOG, both should have some any day now. Both will jump a lot when they get the news expected by many who watch both these stocks."-Jjjeerryy 1/10/2011
What was the "expected good news" that "most" who watch ARH could expect Double J? Was it the "Anticipation" news release or perhaps the resignation of one of Altima's Directors Whitney Pasano? Do tell. I guess you could referance the possible returns from a 19% interest in somebody elses TWO wells but with over 150,000,000 shares out is really educational to imply a significant impact?
Which brings me to my second last point. Quite often you have thrown up charts regarding NG inventories and the rise and fall of NG prices in an effort to continue interest in ARH. On the face of it not bad reasoning, elementary perhaps but not bad. Why I differ with you on the actual impact to ARH and it's share price is because in order to sell the NG you have to get it out of the ground, that leads us back to those pesky little $1,000,000 bills that come with drilling and the (you guessed it) lack of cash in the ARH warchest to cover such expenses. They did not even sell out their last subscription at what you have called "bargain basement prices". BTW what you will see when those shares go live this spring is the sale of those shares and the retention of the warrants, that's how it works. Again I digress.
Last point. The last line of your post states; "To kenbull1 I say, you may one day regret even posting here." In many ways you are correct, it is tiring fighting what I believe are pumpers on this board, however as long as they continue so will I. If you were referencing anything of a more sinister nature let me just say that I'd invite it with open arms. Please send Stockhouse any coorespondence you may have or deal with me thru my inbox. Don't threaten me Double J, it is a complete waste of your time and I guarantee you a sound defeat. I thought you were above your minions who like to intimidate, bully and counsel to commit suicide. The counselling part can actually get you into a bit of trouble.
Just trying to help out those "people who come here to learn about ARH".
I remain,
Kenbull.