Post by
MyHoneyPot on Jan 11, 2022 11:19am
Condensate is 105 dollars - Oil hits 89 U.S.
Time to invest more in Attachie, Treaty8 issues will solve themselves, i think ARC leadership think they are politicians.
Kakwa - time to hedge more oil at 47 dollars, and put your efforts into working out 2% decline issues.
ARX does not have real leadership, and that is why the stock is performing in such a dismal manner, the CEO is a 30 year engineer and he can't see the dollars, he can only see technical issues and they get in his way all the time.
Kakwa is the best return high netback play in the country, and rather than through perfomance give the market a reason to invest in ARC, lets find reasons not to pay shareholders the dividends they deserve.
Lets buy the share float down to 600 million
Lets Spend 700 million on Attachie
Lets Pay the debt down another billion
Lets not pay the shareholders unless we really have to.
The management at ARC is the reason the stock is trading in a dismal manner, and what will happen is someone will put ARX out of their misery and buy them for a song. I would not be one bit surprized to see TOU buy ARC and make something out of it.
IMHO
Comment by
alvarez2 on Jan 11, 2022 3:17pm
Putting yourself out on the same limb that you did with Nuvista.....never learn I guess. Apologies now or later.......again. lol
Comment by
Quintessential1 on Jan 11, 2022 4:11pm
It looks like someone just reinitiated their short position. GLTA longs!