Arcan Resources Ltd ARNBF

sucks to be long this stock

[LongoGlueStick]

what a POS this stock is. I bought in at a 1.25 when the farm-in was

announced.  that has done nothing for this stock which has done nothing but drift lower and lower

and yes, i think carlos is right, this stock is going to hit .80 soon

i doubt CPG or PBN is going to take this company over.

another vulture exchange bagholder.

to think i sold ZEN.v which i bought at .48 to buy this POS

[wordless]

Read the PBN reserve report.  First two wells on ARN's land (Swan Hills) produced approx 500 bbl's each over the first month.  In time, the farm-in results will be released by ARN - That and the waterflood will show where this stock goes.  I think the market is bored due to lack of news from ARN (but it is coming - positive or negative).   You doubt PBN or CPG wants to

[LongoGlueStick]

Down another 5 cents.  For a takeout candidate, it sure doesn't seem like it.   Stocks usually rise in value before they are taken out.    

[NightowI]

This post has been removed in accordance with Community Policy

[LongoGlueStick]

I get it now.   Let the stock fall to .40 and then take it out at .80   great deal for shareholders who bought trash-arCAN resources at $5   it closed at .89 today