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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

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Post by uncutgems on Sep 14, 2021 1:34pm

mhp

something puzzles me.

on the one hand you think arx buying 7g was a stroke of GENIUS.

on the other hand you keep saying they are awful for not producing in the
mix you prefer.

that's totally CONTRAdictory.

you can't have it both ways. not while I am on patrol here.
Comment by Trapped on Sep 14, 2021 1:46pm
He must have thought it was genius becasue he tried hard (and failed miserably) to convince 7G shareholders to vote NO to the merger. He's a disgruntled former 7G shareholder, nothing more. He can exercise some patience and see a great return or he can cut and run for greener pastures. Me, I'd just be happy to have him off this board...
Comment by uncutgems on Sep 14, 2021 1:49pm
he is not going to change a thing as far as decision making.  what he owns now is nothing like what he owned before. the rational thing to do would be to move on. I don't think you will  see that, however.
Comment by Trapped on Sep 14, 2021 1:58pm
Key word: Rational. And judging by his repetitive spamming of this board with the same, tired arguments day after day, we're not talknig about a rational human being.
Comment by uncutgems on Sep 14, 2021 2:04pm
you have to trust that management is doing the right thing for long term shareholders with KAKWA. you can't micromanage from the sidelines with incomplete information.
Comment by MyHoneyPot on Sep 14, 2021 2:39pm
Well the only thing incomplete here, is the cheer leading squads understanding of Oil and Gas.  Kakwa and Karr which Arx is currently drilling in has the best well results month over month in the entire Montney.  Not only do they have the goods,  they have hundreds of MMcf's of gas processing capacity sitting idle.  Time for the cheer leaders, to put on pants ...more  
Comment by Trapped on Sep 14, 2021 2:42pm
You didn't answer my question: Why do you hold this stock?
Comment by MyHoneyPot on Sep 14, 2021 3:30pm
Regardless of how inept management is, it does not change the resource they are working with.  Kakwa is the number #1 resouce in the entire montney, and it is only their ignorance of business, opportunity, and personnel EGO, that is resulting in the poor trading of this stock.  While TOU is surging to new 52 week highs, ARX is plagued with an out dated management approach, and really ...more