Arcan Resources Ltd ARNBF

Betting 5 cents before Christmas

[mathwhiz]

Lucky number SEVEN! Does it count when it's 7 cents? Or can it still be considered lucky when it's dropped 100x in value in a few years? I would say it's probably a lucky thing that the management didn't bank on being millionaires, but even with penny stock, they are still lining their pockets. Seriously, how many execs/employees does it take to run a 3900 boe company? And how is it, when your stock is that low, that you are able to fork over 1/2 of your market cap total into 'retention bonuses'? Dear Doug, do you really need a CFO, Controller and Assistant Controller to count the pennies? Right, you need these three titled gentlemen to bamboozle the auditors every quarter... Do you really need 8 VP's and so many managers? for 3900 boe's?

[iroctsxv]

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[barneymillar]

iroctsx + mathwhiz = dumb and dumber

[mathwhiz]

Sadly, I went to defend myself and realized that you are absolutely correct... At different times, iroctsx & I bought Arcan stock, hence the reason we're on this board. And for that decision alone, you got me... I choose 'dumber', iroctsx can be 'dumb'. You see, I did fall for Penners' snake oil pitch, even though there was that unsettled feeling in my gut. In my

[iroctsxv]

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[iroctsxv]

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