OTCPK:ARNBF - Post by User
Post by
jbsbillon Aug 21, 2014 1:05pm
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Post# 22865556
Arcan and the banks
Arcan and the banks
I have watched Arcan for years - made a couple bucks in the good old days, lost a couple a little later when I didn't think it could go lower, but it did. But for the last 9 months or so, it has looked to me like Arcan is being run for its banks. It's on a treadmill that it can't get off. It couldn't make enough to get out of debt because it couldn't drill enough, and a result like this was inevitable. Why I didn't buy at 60, 50, 40 or 25 cents.