OTCPK:ARNBF - Post by User
Post by
carlos6on Dec 04, 2012 12:29pm
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Post# 20681263
takeover talk on investor village
takeover talk on investor village wishful dreaming.
PBN & CPG competing to see who wants to own the most amount of debt in the shortest amount of time. That's freakin nuts.
What made more sense in rockman's posting was a PBN & CPG combination or JV on their combined properties & not bother with ARN at all.
ARN business model now seems to be as an enabler for others to farm-in on their land in a more cost efficient way so they can use the money from successful production to PAY DOWN DEBT. ARN has been on an infastructure renaissance according to Easterndan post to that very end.
Hopefully more farm-ins are coming. Let everyone else drill, because lord only knows ARN doesn't have the money.
After CPG came in the SP party faded & this will too. enjoy the ride.
carlos