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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > slowly creeping up
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Post by smithgee on Jan 03, 2014 11:11am

slowly creeping up

not much action but we have gone from .32 to .37 is less than a week.

Buyer from house 11 been slowly accumulating the last couple of days.

https://twitter.com/CndStockTrader
Comment by smithgee on Jan 03, 2014 2:56pm
buyer from National puhsing it higher, buying at .375 now. https://twitter.com/CndStockTrader
Comment by mombasa1 on Jan 03, 2014 8:28pm
They said they started drilling their 1st well in their last update on Dec 16. Wonder if that has anything to do with it.  Regardless,  the stock has a long ways to go to get out of the doghouse and drilling a few token wells won't do it.  only a sale of DM2 for $150+ million to clear both DB's issues will do it.
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