Arcan Resources Ltd ARNBF

Volume has been picking up...

[mombasa1]

over the past week or so.
About 6 million Arcan shares have traded over the last 10 trading days. 
 
And it looks like we're headed for a million-plus share trading day.
 
The SP behavior suggests that this is not a selling-induced phenomenon, as the SP is showing strong support at the $4.50 level.
 
It appears however that certain entities (ie. cpg?) with deep pockets are positioning themselves in anticipation of a run-up in the SP.  Once the Big Boys are happy with their holdings,  the MM's will let go of the reigns and then we will likely see the SP catapult to new all-time highs. 
 
I would suggest to all the astute investors here to take advantage this opportunity and follow the Big Boy's lead.
 
JMHO

[good40]

I can honestly say this is far from being the riskiest of investments... but I do consider it twice the price it should beat this point.  It already includes the speculative potential of years to come.  In any case mombassa,  you've been here for a month,  made 7 lifetime posts,  most agree with or mention tire9.  All of the posts suggest that it is a buying

[nlr2]

Good40 what companies in the junior energy sector do you like? I find personally that any that have good prospects and aren't gas weighted trade at a surplus to their proved resources and cash flow. Even some of the gas companies TOU and CLT come to mind as trading at outrageous valuations. Arcan is by no means an oddity in the sector. Also, and this is just an honest question, is the NAV of

[good40]

Sorry nlr2,  I missed this post of yours,  so I'll quickly answer. I agree,  there are many companies in the sector that trade at outrageous valuations.  Not all,  of course.  I make a point of collecting under valued over time,  hedging as I go depending on fundamental changes. I don't advertize.The $7 NAV is meaningless,  you don't use