Close

Welcome back to Stockhouse
Member Sign In

Email or Username:
Password:
Close

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History

Arcan Resources Ltd V.ARN

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  V.ARN.DB | V.ARN.DB.B | ARNBF

Arcan Resources, Ltd. is engaged in the exploration for, development and production of oil and natural gas. The Company currently has two operating segments including exploration and production and pumping and stimulation.
Price: $0.24 | Change: +$0.01 | %Change: +4.35%
Volume: 3,300 | Day High/Low: 0.24/0.24 | 52 Week High/Low: 0.81/0.22
View modes: 
0 stars

What is wanting

is a hall of fame for Bre-X, Sino-Forest, Nortel, ............ and the list goes on and on to honor those who deserve to be remembered.  rate and reply
0 stars

RE:Spending money without a care in the world if it makes

I agree this compesation they are getting is totally greecy and ridiculous but it's legalized crime and they get away with it  rate and reply
0.5 stars

RE:ARCAN bonds up on LTS sale to CPG

What does lts selling sask oil have to do with arn. The barrels in sask are worth much more than arn oil. Cheaper, lower decline....better return. Arn is junk. You cannot compare them dreadfully...read more
0.5 stars

JR is simple minded

You can look at their presentation or balance sheet but that isn't market value. Too simple. For instance is their land worth what they carry it at? The land is a big component of their assets. They...read more
0 stars

ARCAN bonds up on LTS sale to CPG

looks   they   can  buy    Arcan    now    .   Sold    3300   barrels   for   375M     .   Buy   Arcan   3800   barrels   for  432 M    .    works    out  to    about     1.00    per  share.  rate and reply
5 stars

RE:RE:RE:RE:Arcan and the banks

JR12 wrote: At least ARN's book's show way more assets than liabilities. As per their last financials, $600,274,000 in assets and $387,419,000 in debt/liabilities. CPG should give ARN a much higher...read more
5 stars

RE:RE:RE:Arcan and the banks

At least ARN's book's show way more assets than liabilities. As per their last financials, $600,274,000 in assets and $387,419,000 in debt/liabilities. CPG should give ARN a much higher price than 25c...read more
0 stars

RE:Yup

Sino Forest, Bre-X, Nortel, ........  and the list goes on and on.  Not even a slap on the hand  rate and reply
0 stars

Yup

Sino Forest, Bre-X, etc., etc., etc........,  so far, no one goes to jail  rate and reply
1.5 stars

RE:RE:I finally found the actual vote tally

aspen offered the deal because they smelled blood.arn mngt wanted it because that was the only way to get paid.the biggest share holders said "no"so arn came up with this 'retention' b.s. into the...read more
0 stars

RE:Toast!

The series A debs are holding up well. Could it be that buyers expect to be paid with stock, giving them 80% control of the company? If so, then theymust be prepared to recapitalize the company after...read more
0 stars

RE:Spending money without a care in the world if it makes

It's the Calgary Country Club in action..................... Gotta love them.  rate and reply
0 stars

Need a Hall of Fame

for those specific company executives (only those guilty ones) responsible such as Bre-X, etc. etc.  they deserve to be honored and remembered for future generations, LOL!  rate and reply
0 stars

Spending money without a care in the world if it makes

sense/cents or not! Are they serious? "Arcan has identified employee retention as a key risk in its ability to retain and develop highly skilled individuals and key management employees. In August...read more
2.5 stars

Toast!

That is what you got here! The debs are coming due, oh, oh! Where in the world will they get the money for that? They lose money qtr aft qtr. Their cash flow is just enough to stay in operation. They...read more
5 stars

RE:RE:RE:I finally found the actual vote tally

Come on - the banks are only a small part of this problem - ARN is really at the whim of this managment who have managed to snatch disaster out of mouth of  success. The share price was slowly showing...read more
0 stars

RE:RE:I finally found the actual vote tally

"Who will run the company if the Board resigns?" Really - I'll bet if they put a advert out and they will be swamped with talented people wanting well paid jobs and a chance to make some great bonuses...read more
0 stars

RE:RE:I finally found the actual vote tally

barneymillar,  ARN now operates at the whim of the banks.  rate and reply
0 stars

RE:I finally found the actual vote tally

You do not seem to understand the transaction that was proposed. Aspenleaf made this proposal, not Arcan. Arcan's board negotiated the best deal that they could( I assume) and then presented it to the...read more
0 stars

RE:RE:Arcan and the banks

I believe that LTS or CPG will buy soon what is left for pennies.  rate and reply