ARC Resources Ltd T.ARX

Attachie is of More Concern then Shareholders

[MyHoneyPot]

The word on the street is that internally Attachie is approved and it is despite the following facts.

Share holder dividend have been slashed to the bone.
They have not met their debt objectives yet. 
Attachie has an unknown and uncertain future under Treaty 8 concerns. 
They have 3/4 of a billion of infastrucutre idling 
They have 40,000 boe of half cycle economics production sidelined at Kakwa.

The deal will be approved in August, and it makes no sense and that Slasher CFO, will throw good money after bad.

ARC is more concerned about pursuing their pet projects, then returning capital and optimizing the half cycle production that exists today. Attachie approval will be announced in August.

IMHO

[renoman1960]

Really, word on the street is your an idiot just sell loser

[MyHoneyPot]

Really Renoman1960, you guys are the idiots.  You have the stock trading at 50% of its value, and management puts a black hole capex project in front of you that will do nothing except suck up capital for two years while your share price is in the toliet. You guys are all idiots for going along with that kind of plan. Your not investors, your just plain stupid, and i have never met a

[renoman1960]

Your whining and complaining doesn't change anything except hurt our ears.just shut up and wait for news. I have a source that says we're blowing the doors off on earnings and a few surprises are on the way

[sirmevl]

Let's make bets. I'm going 1 billion fcf for the year. Plan to produce 450000bbl per day in 5 years.