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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd
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Post by carlos6on Feb 15, 2012 11:23am
516 Views
Post# 19537201

re:price target

re:price target

I had a look back at previous analysts' comments from stockchase...

Peter Brieger, Eric Nuttall, Dennis da Siva all said on BNN a takeout (consolidation) in 2012. With recent news about production & increased M&A activity because maybe yield chasers are looking for a little bit more (greedy little SOBs);  things are firming. Although Greece may blindside us briefly when they finally default.

A guy on BNN right now says crude price chart has a bullish flag pattern & along with if Greece defaults, Portugal, Spain become the next debt focus a rising tide will lift all commodities.

 

carlos

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