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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by good40on Dec 15, 2011 11:13am
111 Views
Post# 19325046

RE: Remember, fundamental value

RE: Remember, fundamental valueFundamental value does not include NAV based on future net revenue,  which is what oilman is using. From the Alberta Securities Commission, which ensures scammers aren't allowed to operate unchecked.

 

5.6 Future Net Revenue Not Fair Market Value - Disclosure of an estimate of future net

revenue, whether calculated without discount or using a discount rate, must include a

statement to the effect that the estimated values disclosed do not represent fair market

value.



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