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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > good time to buy in?
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Post by rookieoilinvestor on Mar 07, 2013 4:56pm

good time to buy in?

Hey Nightowl, I feel your pain! But I'm sticking in and trying to buy down. My cost is under $1 now and I tried to add more today in the mid 70's but couldn't get what I was looking for.  PBN is not going to let this go if they're happy with the drill results. Crescent point hasn't bought anything in some time. I think its months away but where am I going to make a potential 30-50% return? My accountant said to me once: Either you have a ton of cash when you get old or not! Who wants to be in the middle? I'll be ok with old age and little money if I tried.... not so much if I don't!!
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