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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by wordlesson Dec 06, 2012 9:12pm
261 Views
Post# 20695913

RE: RE: RE: It's just a matter of time, and how mu

RE: RE: RE: It's just a matter of time, and how mu

PBN buys more soon and they can average about $1.25 still before it takes off.....maybe they are buying too!!!

CP is in at $5.08 on average !!! So for them to better position themselves they should be buying sooner than later to take advantage of the lower price.  Surprised they did not buy more under the $1.00 mark.....or did they? Are they a buyer lately too?

Maybe they are quietly buying just like PBN did.

====================================

NO NO NO... Please educate yourself about the Company.  If it was that easy, CPG would already own ARN.

ARN has a poison pill in place.  If any one person or Company owns more than 20%, the pill kicks in and that buyer gets screwed... CPG can't buy anymore and that's why they have held just under 20% for this long.  PBN is almost at their cap.
 
Also, once you hold more than 10% of a Company, securities laws requires you to report the information of your buys and/or sells.
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