Arcan Resources Ltd ARNBF

RE: RE: Don't know what to believe anymore

[dropzone]

No doubt debt was increased but it appears the debt was used to enhance the value of the asset.  It also appears almost all Jrs. share price has tanked and many have increased debt but ARN has fared worse than most.

The purchase and disposal of the stimulation business was a disaster.  The lawsuit with a former employee and the subesequent resignation of Ed Gilmet didn't help either.  However, I bought into arn subsequent to all the drama as it appears the intrinsic value of the asset isn't being reflected in the share price.

Can anyone tell me what the lawsuit was about, why did Ed get the boot.

At the current share price it seems a time to load up... but, it appears there are more than a few disgusted shareholders on the board.  Am I missing something?