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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > Are any debenture holders actually voting for this?
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Comment by rad10on Aug 03, 2014 10:23pm
177 Views
Post# 22806575

RE:RE:RE:RE:Are any debenture holders actually voting for this?

RE:RE:RE:RE:Are any debenture holders actually voting for this?teevee - you seem to think that time is against the debenture holders of this company.  Simply put - this is NOT the case...................

Every day I "earn" a significant amount of interest.  In 2016 when the debentures become due; one of two things will happen - (1) the terms of the bond will be modified favorably, or (2) we will inherit a substantial proportion of a wholy owned Swan Hils entity that is a viable going concern.  

Why would I kill the golden goose - especially when I don't get to keep all of the bird?  

Either of the above two options is preferable to the tabled offer..............................


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