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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by wordlesson Aug 15, 2012 10:14am
225 Views
Post# 20219511

RE: RE: explosive technical indicators

RE: RE: explosive technical indicators

Only reason I say I'd tke $3.50 is becasue this bumbling group of managers has totaly killed shareholder value here.  My worries is they continue to screw up and then we are forced into a sale.  If they actually execute and oil stays at $90, we might be able to get teh true value this company is worth, which at one point I thought would be close to $10 a share....  But no, they have overpromissed and underdeliverred and gotten them self into a huge debt load when the world is afraid of debt.

Great job management, I sure wish you just sold out to CPG at $7 last year when that ofer was probably being thrown around.  At least their pocketbook is stinging as bad as mine from their string of screw up after screw up over the past year.

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