Artek Exploration Ltd ARKXF

RE: $4 target

[cookster9]

This post has been removed in accordance with Community Policy

[shambano1]

I'm watching both fall LOL, man we can't seem to get a break and with high oil prices even if they fall further, we are still making good CF at current commodity prices, but the sector is our of favour for some reason, big funds playing around again and we get hurt in the process.risk on, risk off, what a scam this market really is.I will add if she falls under 2, for long term hold, a

[teevee]

Maybe we will get lucky and CLT will take out RTK?.....they could do an all stock deal at a heck of a discount to NAV, accretive,  and everyone would still be happy.....

[teevee]

Only material news I could find is here-doesn't seem like a reason to sell? :...Celtic recently brought on-stream new production from its Doig project at Inga that is tied-in to the McMahon Gas Plant. This plant is expected to be down for approximately three weeks ending on June 10, 2011 for turnaround operations. Turnaround operations are expected to occur at this plant approximately every

[shambano1]

insiders own a big chunk of RTK, I forget actual amount but definitely more than 10%, so any deal would have to be friendly, but I doubt they care to sell at this point.  SP is way under book value or nav, and they are drilling 2 more wells at Inga this summer that may be very material to SP.we just have to weather the downturn in O&G prices for now and hope for a successful summer