OTCPK:ARNBF - Post by User
Post by
teeveeon Apr 27, 2012 12:58pm
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Post# 19844594
current market transactions valuation
current market transactions valuation Recent deals are being done at about $60-70K/flowing barrel. Using that metric, minus debentures and bank debt, ARN would be fully valued at about $2.25/share. I would say ARN is looking like a very long term hold for anyone who continues to own the stock. If there is such a thing as a reserves or resource value trap, this is it.