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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by good40on Dec 22, 2011 8:55pm
205 Views
Post# 19347462

RE: RE: RE: RE: $500 million market cap

RE: RE: RE: RE: $500 million market cap

Tire9,  get a grip.  Cash from operations has shown to be $10 million per quarter,  or $40 million per year.  How can one well pay for itself in two years ?  Absolutely ridiculous. 

How many times do I have to say it ?  Capex for this year is $225 million,  they increased production by only 1200 bopd... to an average 3500 bopd.  Cash from operations was $10 million for the quarter.  Are you just stubborn or not equipped to handle the truth ?

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