Arcan Resources Ltd ARNBF

RE: RE: RE: ARN

[rookieoilinvestor]

It's sometimes funny to read these posts. Although Mathwiz and Barney are arguing, Mathwiz has bought stock at 58 cents! I think both of you see the potential in the play although Mathwiz may just be "trading" in the short run to make a quick buck. I wish I had more cash to invest today as Mathwiz has! I agree with Barney and also see that Mathwiz has a point with what the company says and what they actually show! I've "invested" a good sum and now have to wait it out. Like others, I thought that CPG or someone else would take this and manage it more appropriately! I've added recently in the 60 cent range but my cost base is over $1. I personally like the fact that they have hedged production and farmed out to stabalize the balance sheet but worry about future decisions! Let's see what they say for the 2nd quarter..... good luck to all us who have invested... thank god oil is in the $90 range!!