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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

ARC Resources Ltd > 6 million shares today!
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Post by MyHoneyPot on Jun 01, 2022 4:36pm

6 million shares today!

A strong followup, after a really strong start to the day. 

No explanation yet for yesterday 54,735,253 trading day, expect does it look a little strange all of the management option trades, like barely in the money?

6 million shares is a pretty stong regular volume day, gas is up to $8.7363 U.S. 

I would not be surprized to see a takeout by a major, they are think their shares are trading at discount level, but really not to the extent that ARX shares are trading at a discount. 

So Eric Nuttal buyback strategy may not alway be the right plan. POU bought 40 million NVA share and the last 17 million at around 60 cents, they still hold them that they are over 13 dollars. 

So really share buybacks of someone elses stock may be better than your own, because once you have canceled shares it is not a easy to reissue the shares back to the market. 

I am sorry, but there is no such thing as a paper loss on hedging, and really i think shareholders of ARX would drop dead if there ever was a hedging gain. More that two years of risk management just being a cost center. 

IMHO
Comment by GunnerG on Jun 01, 2022 7:43pm
OMG man, your all over the place with this post. You have no facts of what is going on, chill.
Comment by MyHoneyPot on Jun 01, 2022 8:25pm
Really, you spent to much time with the three Amigo's you don't know what facts are. The price of gas fact. The volume of shares traded today fact.  The big block that traded fact. POU interest in NVA fact.  I guess the fact you were looking for is perhaps some crude rant, about somebody's mother, or the person next door. Sorry you will not find that here. IMHO
Comment by GunnerG on Jun 01, 2022 11:35pm
ROF, I said "your all over the place with this post", nothing else. Now you are talking three amigos,  fact after fact after fact for some bizarre reason.  Nothing was said about facts. You then finish your rant with reference to someone's crude rant about a mother. Time to see a Dr. about those demons.
Comment by GunnerG on Jun 02, 2022 12:26am
Sorry MHP, I did say you had no facts of what was going on. Of course that was in reference to your post of the" 6 million shares today" and the 54,735,253 trading today.   All over the place:  - What does gas price have to do with 54,735,253 "-they are think their shares are trading at discount level, but really not to the extent that ARX shares are trading at ...more  
Comment by MyHoneyPot on Jun 02, 2022 10:16am
Sorry Gunner you never have anything factual or inteligent to contribute, and spend all you time on personnel attacks, and misinformation. I would suggest you get that chip on your shoulder looked at it is clouding your vision. Your distracted, we are here to talk about ARX resources, you really seem to be missing something, has it alway been this way? Why don't you and the three rude Amigos ...more  
Comment by Trapped on Jun 02, 2022 10:33am
Translation: I don't like being challenged on my never-ending, incoherent gibberish, so please go away. Why: So you and brain-dead Nicky can control the narrative? I don't think so. Gunner points out serious flaws in your logic and should be recognized for keeping the board positive and factual. It's honeslty so difficult just to discern what you're trying to say from day to day ...more  
Comment by MyHoneyPot on Jun 02, 2022 10:36am
Poor babies, you need soothers....
Comment by Trapped on Jun 02, 2022 10:43am
Lol why on earth would I need a soother?? My large position is already up by a life-changing amount and the train has barely left the station. Life is good! Get a grip!
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