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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > The Price Action on the stock
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Comment by nlr2on Nov 02, 2012 5:52pm
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Post# 20557217

RE: The Price Action on the stock

RE: The Price Action on the stock

I totally agree. They could have been converting all legacy verticals and some horizontal producers into injectors without telling anyone. Now that the infastructure is in place it would be an easier task, and quite inexpensive. If it works and the share prices goes up then everyone forgets about the debentures again, the 150 million in debt doesn't look as bad and the overhang is gone. Thats in a perfect world. Haha. "Why drill when you can convert" will be the slogan on the new website.

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