ARC Resources Ltd T.ARX

Hypothetical Question

[MyHoneyPot]

The answer is simple, what is dry gas worth, almost nothing. 10,000 boe

What is condensate worth about six times as much. 60,000 boe

Vii Generations shareholders got the short end of the stick, and it is reflected in the value ARC gets per boe of production in places like Dawson where the majority of their production is.  

So VII generations would of been better off on its own, however we are hypothicially speaking. 

IMHO

[Farmer12]

If Seven Generations shareholders got the short end of the stick, then it would follow that Arc made a shrewd and/or timely purchase. The price for condensate is very good, as well as future prospects as oil sands production has increased from last year.

[robert41]

Honey did you buy any down at 8 bucks or do you own any? Not trying to be cheeky here I appreciate your posts. 

[Cheadle12]

You could just ask your wife this question directly vs. on here?

[robert41]

Ha ha! Good one. 

[Trapped]

He's on the record saying he has a large position but hates the company. I have no idea why he's here...

[MyHoneyPot]

Robert good to hear from you, I started purchasing when the stock was $6.50 range, and  have added to it. I believe the stock is significantly undervalued, however management is boring and does not understand the asset they puchased when they acquired VII Generations.  I am here until $15 dollars, and i don't expect Attachie to ever go forward, at least any time soon with the issues

[robert41]

I agree I switched my Wcp for Arx last week.

[MyHoneyPot]

Full disclosure, i sold 10,000 shares and have 50,000 left.  IMHO

[Beakr123]

Hop to it and sell the rest! Get outta here you goof.

[Beakr123]

Also, "started to purchase" is a lie. You came over with VII and have been complaining non stop since. Your under water and afraid to admit it just like you were at POU.

[MyHoneyPot]

Beaky get a grip on yourself, i got converted from VII generations stock. So i have had it for a while. You simply don't have a clue how to value companies, do you.  IMHO