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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > arcan top pick by mason granger...
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Post by themangokid on Feb 24, 2012 2:01pm

arcan top pick by mason granger...

...thinks this will be the last year the stock is traded. figuring around $8+ish the deal gets done. With oil at $100+ maybe its better if this one is allowed to grow.  Either way, interesting times ahead.
Comment by mombasa1 on Feb 27, 2012 3:00pm
Sure hope Arcan gets bought out for more than $8. it all depends how fast they can ramp up production before they come a'knockin! My guess is potential suitors are waiting till after infrastructure is in place and early H2O response performance from Ethel & DM2. I can't see Arcan being around anymore 6 months out. Maybe wishful thinking but heres for competing bids to drive the buyout ...more  
Comment by avonbob on Mar 02, 2012 12:04pm
pengrowth pretty much stated secondwave and arcan are too expensive..leaves crescent point to  buy at 7.50
Arcan Resources Ltd
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