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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 > As The Kelt Board Turns
View:
Post by Quintessential1 on Aug 17, 2024 3:14pm

As The Kelt Board Turns

Sometimes you can gauge the success of your investment or lack of it, by how others are doing with theirs.  Especiallyy posters that only had bad things to say about your particular investment and quite frankly if things were reversed I have no doubt they would be here taking the P out of ARX.

But they aren't reversed and they can't come here and do that because they would be laughed back to their own boards.  They should consider themselves lucky that I'm doing this here and not there. 

I'm sure the poo pot doesn't consider himself lucky right now as his stock languishes and he gets lambasted daily for busting out his POM POMS and cheerleading his holding.  Imagine  ;-)  

He was so frustrated he posted this lamentation to his tormentor:

"I thought you sold all your shares, and you were moving on?"   

LOL. 

The irony is so thick that it is the spreadable relish on my ARX stock sandwich.

I hope he is feeling a fraction of the suffering he tried to inflict here.  

His cohort is feeling the heat so bad he actually appears to have switched sides.

Either that or he is actually capable of the inbiased analysis, (I feel that he is) that he unfortunately wasn't kind enough to afford this stock on this board at the start of the year even though he says he still holds about 1K of shares.  This is what he had to say about CEOs in the sector:

"
"The shrewd CEO's - Mike Rose and SDE CEO (Peyto too but they did it regardless) perhaps others - hedged. Most of the others didn't."

He still can't manage to admit that Terry was one of those "shrewd" CEOs even though he owns the stock and is well aware that Terry hedged NG production at ARX.

He goes on to state:


"Don't get me wrong: natural gas is an extremely important commodity going forward. It's just not very profitable for small producers without LNG access and a very strong marketing and hedging dept."

Yeah, like Kelt,  but ARX will be fine.  So fine in fact that they should be looking to market Kelt's gas for them.  After they acquire them.  Meh, they can call it a merge if they want.  Like the VII "merge".  Say for $1.5 B  or 3.5 Kel for every ARX share? 


Meh, its raining and 
the old man is snoring...and dreaming...a little.

GLTA ARX BULLS
  
Comment by Sunsurfer12 on Aug 17, 2024 6:44pm
Ahh I kinda miss the little poo pot..although he was completely wrong on his overall investment choices and obnoxious at times, he did do some interesting digging into numbers that was helpful at times..
Comment by Quintessential1 on Aug 18, 2024 8:01am
I have to agree.  When the poo pot has his POM POMS out and is leading the cheer he's better than the Dallas Cowboy cheerleaders.  I'm not sure why Mr. Earp has taken exception to his cheerleading but I guess poo would know the best as he took exception to any of us cheerleading here for reasons known only to him. I am not sure if he was completely wrong on all of his overall ...more  
Comment by Trapped on Aug 18, 2024 11:56am
Good observation, Quint, and so true. And, as you say, he has very selective criteria for his outrage. The hedges are a good example. Sometimes they hurt, sometimes they help - it all comes down to risk management as nobody can predict the future with any accuracy. You simply have to execute a strategy and live with the consequences. Buybacks are another example. He raged about ARX but I found a ...more