ARC Resources Ltd T.ARX

RE:RE:Squandered Opportunity - Kakwa

[Quintessential1]

You can't even spell incompetent.

Easy hold!

GLTA ARX BULLS

Trapped wrote: You couldn't be more wrong if you tried. Terry absolutely stole the golden goose from a company that was trying to grow its production too fast in a declining market and became heavily overleveraged. Sucks to be VII I guess but the strong always survive and ARX's balance sheet remained pristine throughout the entire downturn. They were in a position to pounce and now the future looks very bright indeed.

Now he has a world-class asset that he can exploit through the energy supercycle and for decades to come. This will benefit shareholders who have attention spans longer than the average piece of garden furniture.

Cheers and GLTA ARX longs.

MyHoneyPot wrote: Terry Anderson was handed a Golden Goose on a silver platter, the most prolific play, the most economic production, in the best commodity enviroment. 

With billions of dollars of infastructure built, all the future transportation required, and the most supportive and economic commodity enviroment, ARX management squandered the opportunity. 

Not only could they not pursue plant expansion at SunSet (100 million), they were and still are a long way off for any kind of sanctioning at Attachie. 

So Kakwa a play that represents the most prolific wells in the Montney, with the best well performance, with plant capacity in place (1/2 cycle) to double production capacity, with the ample transportation, Management Squandered the Opportunity. 

Time for new Management, they sat on their hands, pursued 5% improvements in economics in a 20% inflation enviroment, destroying the value and opportunity of the most prolific play in the Montney. 

Management must go, they are totally incompetant. 

IMHO