Arcan Resources Ltd ARNBF

change of control this afternoon?

[teevee]

If corporate raiders step in and take control of the board this afternoon, expect ARN to close under $1.00......a new board controlled by raiders would likely do a cheap private placement before a fire sale of the company on accretive terms based on cash flow only.

[Buy_Lo_Sell_Hi]

What's your continued interest in driving this stock down? Please stop posting fear-mongering nonsense. Crescent Point owns 20%, management must own a fair chunk, and there are a slew of investors with zero interest in handing Arcan over to "corporate raiders".

[kooks11]

I don't think his comments will bring the stock down.  Fast Eddie is doing a great job with that himself. Crescent Point owns 20%, management on a fully diluted basis owns 12%, if I had any significant money with this poorly managed company, I would want to see a new Team take over that can manage their finances better and deliver on their promises.   Oil has fallen under

[bonjovi501]

This is getting ugly and the debt is large but CPG will not let us down and will buy this company and we will get probably $2.00 if that much but CPG will pay off the debt. I think it is a given unless oil starts to go up but it looks as if it might keep going lower.