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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by mombasa1on Jun 24, 2014 12:10pm
351 Views
Post# 22689666

RE:just brutal...

RE:just brutal...I'm holding out until after the dust settles.  The market punishes uncertainty and we're seeing a lot of uncertainty right now.  Arcan stock was in an uptrend prior to yesterday's news, and that wasn't just a fluke caused by retail investors.  The Big Boys are behind the move - having advance knowledge of the deal IMO.

If shareholders still believe in the Swan Hills play then this deal will provide the means to unlock its true potential via holding spinco shares.
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