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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > Expect More Disappointment
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Comment by barneymillaron Feb 12, 2014 11:38am
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Post# 22200138

RE:RE:Expect More Disappointment

RE:RE:Expect More Disappointment
Yes, I agree lets put in LongoGlueStick as the new CEO/President! That ought to get the stock moving - to zero! Do you think for one minute that the management of Whitecap would jump into ARN?

ARN assets have been up for sale and no one bought Deer Mtn or Deer West likely because the bids were too low to consider seriously.Very few asset sales are being completed at present due to companies trying to buy assets at less than proven reserve value. How does the ARN mqanagement team deal with the bank debt and debentures? That is the challange for the future and a management change to a group of supermen will not take that challange away.
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