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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Post by tire9on Dec 21, 2011 12:24pm
323 Views
Post# 19342177

Risk

RiskYes ,ARN is rated "HIGH RISK" Spend lots of money to have a payout.
Drilling lots of wells with 100% success rate. Depend on the drill bit to hit the producing reservoir.
Compare to Wildcats in deep water that spend $1m per day. Or in Saudi Arabia where you can drill anywhere there is "SAND" and get a gusher.

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