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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by LongoGlueStickon Nov 19, 2013 11:04pm
280 Views
Post# 21921546

RE:3Q financials are up on SEDAR

RE:3Q financials are up on SEDAR
All they say about the asset sale is :

"Began an asset disposition process to explore potential asset sales that includes the Deer

Mountain Unit No. 2 and its adjacent non-unit leases, Deer Mountain West, and Virginia

Hills. These properties have a combined proved and probable reserve asset value of $178.8

million before tax at a ten percent discount rate."


Do they have a buyer?  Will they really get 178 million for DM and properties?



 

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