Arcan Resources Ltd ARNBF

Friday's blues...

[DSurfer]

ARN did hit a 52 week high today.
My guess is that she will continue her way upward Monday and Tuesday.
My gut feeling also tells me that crude oil will challenge $100 a barrel again pretty soon.
Hope I'm right.
DS

[thedave2006]

good to see cpg taking position in arn.  is acker still short cpg?  costly paying out dividends while shorting until proven correct on his thesis.  one day making arn will be tken out by cpg and/or cpg proves to be a winner and acker forced to cover and admit a mistake just like his call on grandkids not seeing 500 gold.cheers,dave.

[binzer55]

With the disclosure that CPG has taken a major position in ARN, and considering we will be getting the next set of well test results any day, there is obviously no reason to even consider selling one share of my holding in ARN.ARN is sitting on a huge land position in the most desirable fairway of this play. Much is being made of the Coral Hill/SCS big well, but that is apparently on a very thin

[moric]

Just curious, why isn't SCS land floodable?

[teevee]

permeability is too low. A good paired trade is to short SCS and buy ARN. By the way, ARN's friends at FE raised their target to $6.00;-)