RE: RE: Arcan't resources devulging statistic Dude, if you dont' know why the market is skeptical on ARN right now you abviously have no idea what this Company is about.... You apparantly bought in because of the PBN farm-in deal, so I hope you knwo what you invested in as oppossed to blindly buying into a stock cause fo the farm-ins.
The fact that you call this an oilsands stock, when in reality they have a schwack of land in which they do horizontal drilling and multi-stage fracturing and there wells have huge decline rates, makes me think you have no idea what this Company does.
ARN has many issues to work-out, the PBN deal created a little more confidence in the Company, but they are not even close to out of the woods as they took some big gambles which it is still unclear if they were good ones or not. Unless they are bought out, they have a long treck ahead of them to regain themarket's confidence and prove themselves as a viable Company.
What is wrong now you ask? The same things that drove this stock to $0.60 from $6.00. Look into that and you'll have your answer.
But coming on this baord whining about an investment you made in a Copmany you obviously know nothing about
I'm long and strong on ARN. And my ACB is above $2.00. But at least I know what I'm invested in and am not whining about the clear uncertainty the market still has with ARN.