Arcan Resources Ltd ARNBF

ARN

[barneymillar]

No one is disputing your right to make a comment, just make a comment that has some thought behind it. This is not a site for whinning. It sounds as if you are too lazy to read the released material and if you have then you have absolutly no understanding of the oil and gas business and the general decline that virtually all junior companies have experienced. Read and think first but like many you want to whine as if that solves anything. Have a nice day.

[mathwhiz]

Hmmmmm... You accuse me of being too lazy to read. I accuse you to being far to STUPID to read and then remember the releases. Please show me ONE release where they have posted accurate info or actually delivered on their forecast? Every release has an excuse for why they can't meet expectations. No, I am neither whiney nor lazy, I am quite astute when deciphering between the lines of a

[barneymillar]

If you don't like the story then don't buy the stock. At 58 cents the stock is a real deal .Good purchase.  No publically listed company posts inaccurate info, that is being naive in the extreme. ARN pubically stated that their 2012 annual production average would be 4,500 barrels per day. They met that, so perhaps clean your glasses. I respectively suggest that you re-read their

[rookieoilinvestor]

It's sometimes funny to read these posts. Although Mathwiz and Barney are arguing, Mathwiz has bought stock at 58 cents! I think both of you see the potential in the play although Mathwiz may just be "trading" in the short run to make a quick buck. I wish I had more cash to invest today as Mathwiz has! I agree with Barney and also see that Mathwiz has a point with what the company

[NightowI]

This post has been removed in accordance with Community Policy

[barneymillar]

Poseiden counted revenue that was not yet received and look where they are now. Accounting rules are very clear and the management of that company may face legal action in the future. I am talking about oil companies that follow the guidelines. As in any exchange there are companies that should be examined more carefully.Obviously you do not read financial statements, probably too many

[mathwhiz]

Rookie, they are back around $0.59, 5000 more shares will bring down your ACB a bit more...

[rookieoilinvestor]

Hey Mathwiz, honestly would like to do this but that's it for me... hoping their June meeting is going to produce some good news.... but not holding my breath! oh well, If I had the cash that I invested I'd probably blow it on somemething else.... at least in my mind, I have a chance to recoup and add to my pot in the future....hard to watch it go lower but as someone said "you haven&

[uptowndog1]

Another year low, i know all the small companys are getting there butts kicked, but ARN seems always to be the worst of them. OH well lost half now might as well loose the other half.

[rookieoilinvestor]

I feel your pain Uptowndog1! It's amazing how the companies calculate their NAV and then their stock tanks to 1/5 of the value! There us no incentive for management to put out good news... The longer this hovers at the prices, the more they will make on their stock options! They need at least a couple of quarters to get in at these lower levels which makes me feel that nothing is going to