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Arcan Resources Ltd V.ARN

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  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: $0.055 | Change: +$0.01 | %Change: +22.22%
Volume: 2.1m | Day High/Low: 0.055/0.045 | 52 Week High/Low: 0.57/0.035
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0 stars

RE:Can someone post the Globe and Mail story.

Here is the link. https://secure.globeadvisor.com/servlet/ArticleNews/story/gam/20150305/RBSWARCAN  rate and reply
0 stars

Can someone post the Globe and Mail story.

Can't seem to read it without signing up for a subscription  rate and reply
0 stars

RE:SERIOUSLY??

I just purchased shares at a nickel a share this morning based on an article in todays Globe and Mail. I am just reading some of the older articles on Stockhouse and I would like to comment that you...read more
0 stars

RE:Is that correct...

LMFAO, apparently not!!!  rate and reply
1 star

Is that correct...

1.3 billion shares out, have they heard of a rollback?  rate and reply
0 stars

RE:RE:RE:no debt, hedged oil price

no doubt it was a douche bag move, but lets hope you are right  rate and reply
0 stars

RE:RE:no debt, hedged oil price

I'm afraid to say it here because I may get beaten up but I see a slow increase in price happening if the oil price hitsthe 55 to 60 mark.  Although I  voted against  the debenture conversion  the...read more
1 star

RE:no debt, hedged oil price

there is still the matter of the bank debt, however, with hedges in place, an opeertunistic offer could come quickly. If such an offer increased the recovery for former debenture holders who now own...read more
1 star

Bid is building up at 0.04

SN  rate and reply
1 star

RE:What happened

notwrong wrote: to the previous management that run this company into the ground with the shareholders losing all their hard earned money.  Just walked away and that's it? Would you expect anything...read more
0 stars

What happened

to the previous management that run this company into the ground with the shareholders losing all their hard earned money.  Just walked away and that's it?  rate and reply
1.5 stars

RE:RE:RE:no debt, hedged oil price

dbinvestor wrote: I expect they'll do a reverse split to reduce the float Yup, they'll do a 100/1 consolidation, then the share price will fall back to 3 cents. If you think this is a good investment...read more
1 star

RE:RE:no debt, hedged oil price

I expect they'll do a reverse split to reduce the float  rate and reply
5 stars

RE:no debt, hedged oil price

Its more like a different kind of DOG. They  are not debt free. They are free of the Debentures but still have bank debt of 150 million or so which comes up for re-determination when their credit line...read more
1 star

no debt, hedged oil price

so now this operator has producing assets and no debt . not bad for alberta oil plays. ...and they have hedged the price of oil  into 2016... this stock is now a different animal  rate and reply
0 stars

RE:RE:Nominal Consideration

Why would you guys invest in a worthless stock?  rate and reply
0 stars

RE:Nominal Consideration

They   are  getting  rid  of  the  old  worthless   options  (  ie   stock  down  more  than  99%  in  the past   few   years  )    to  clear  the way  to  issue   themselves   a whack   of  new...read more
0 stars

Nominal Consideration

"Arcan also announces today that it has entered into agreements with its employees to cancel all of its issued and outstanding stock options for nominal consideration." Definition of Nominal "(of a...read more
5 stars

debenture conversion agreed

CALGARY, ALBERTA--(Marketwired - Feb. 2, 2015) -                                                         NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED...read more
0 stars

Can anyone report on todays meeting of deb. holders ?

EOM  rate and reply