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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > CEO and CFO hardly own any shares...
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Comment by samrakon Apr 07, 2014 3:11pm
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Post# 22421510

RE:RE:CEO and CFO hardly own any shares...

RE:RE:CEO and CFO hardly own any shares...People can double their money in less than 2 years with the debentures as long as they are able to service and refinance their debt. They appear to be servicing the debt and the long-life nature of the assets would suggest an ability to refinance. A bunch of dry holes or a much steeper decline rate would change that but for the moment, they appear able to continue on as is, or they will sell off assets to cover debt.
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