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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > 3,800 and 4,000 BOE per day.
View:
Post by smithgee on Jan 16, 2014 4:21pm

3,800 and 4,000 BOE per day.

Arcan Resources Ltd. has fully restored production following two separate third party pipeline outages during December, 2013, and January, 2014. Arcan has also completed drilling two of the four wells in its winter drilling program and anticipates all four wells will be drilled during its winter program and be on stream prior to spring breakup.

So we have our production back of 4000 boed and have 4 new wells coming on line ... LOL and people are bashing and selling 

LOL, there bad my good ... got filled at .27!!!
Comment by mombasa1 on Jan 16, 2014 5:23pm
You Go Girl !! Load up to your hearts content. Misery loves company.
Comment by smithgee on Jan 16, 2014 6:48pm
LOL, we will see ... I just can't see this staying down at this level as we enter into the seasonal strong period for oil stocks.
Comment by mombasa1 on Jan 16, 2014 10:11pm
Yes Smithgee, we shall see.  Heck - at 27 cents it may be worth taking a risk here. But for myself & others here who have suffered through what seems an endless number of SNAFU's & missed guidance - well the share price says it all.  There's no confidence whatsoever in what the company says vs what they actually deliver. 
Comment by bullchart on Jan 19, 2014 4:38pm
Filled at .28 myself as I thought .30 was the cheap floor and then it broke through. Looking like a couple cent lower legs end of the months.. jun, jul, aug, nov, dec, and we will see about Jan. Guess .25-.26 is possible but will add if that happens. Another Sept shock is awaiting holders in thios one for sure. 
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