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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > brendelly
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Comment by good40on Jan 23, 2012 10:48pm
224 Views
Post# 19439916

RE: RE: RE: brendelly

RE: RE: RE: brendelly

I'd have to question Midways'  interpretation of value when they say $36 million.  Only $20 million was cash,  the rest being a 100% carried interest in three wells.  That saves them 50% of the costs,  not 100%.  

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