Arcan Resources Ltd ARNBF

Why no posts on latest move

[manic]

Somebody throw a bone

[Rouski10]

It smells like..... takeover.

[kelsat01]

Cresant Point just made a writes offering for 1/2 billion.  They already hold part of ARN.

[hardeehar]

Maybe if this latest move shows some stamina longer than 1 consecutive day it would garner more attention.  We'll see what the next few trading days bring..but we've seen these head-fakes before. At least Arcan appears to be heading in the right direction in company management.  Costs are coming down in all categories.  I think their Waterflood response at DM2 & Ethel

[mombasa1]

Yeah - That is the key to riches Hardeehar - the Waterflood. DM2 has been under full H2O flood for about a year now and Ethel is well on its way there too.  In fact The recovery programs in the 2 fields have been in development for years, so it's about time that we should be seeing some results! All of Arcan's problems will be solved with a stable, sustainable, production base under