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  |  Analysts  |  Earnings  |  Insiders

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: $0.06 | Change: $0.00 | %Change: 0.00%
Volume: 789,350 | Day High/Low: 0.07/0.06 | 52 Week High/Low: 0.57/0.05
View modes: 
5 stars

LAST DAYS to VOTE NO for Arcan debs.

Today  and  Tomorrow  .  Vote   against    exchanging your  bonds  for  a  5 cent  stock  with  more  than  a  billion   shares.  Vote   against    Toronto   based  hedge  funds  who   stand   to...read more
5 stars

Debenture Holders will fair much better if they vote NO

To  company's  latest proposal  even  if  the  bank puts  them in receivership. No  allowance required  for  common shareholders ,  and  no  9million $$  ++  bonus  shares  to  Toronto  based  hedge...read more
0 stars

LAST 32 on ARN.db

32%  of ..15   equals   .048  on  stock  .  Every  wonder   why  stock  valued  at  .15   when   bond  is  a  senior  instrument   and  stock  has   no  vote  ?    People   are  bailing   out  of...read more
0 stars

RE:RE:SERIOUSLY??

they would only be deferring if a majority made them.terms don't nessecarily say that stock has to be issued in lieu of original capital/interest. this is a move by arn and some holders to forestall...read more
1.5 stars

RE:RE:SERIOUSLY??

"Pay   them  with  stock  at  current  prices "   correct   but with  the  current   deal   they   are  being  paid   with   stock    at    2  times  the  market  price    ie   .15  versus .075...read more
0 stars

RE:SERIOUSLY??

Sadly, if debenture holders vote no, they are only defering conversion to shares as stipulated in the debenture terms and conditions. When the debentures come due, ARN has no choice but to pay them...read more
0 stars

SERIOUSLY??

You  going  to  vote  to  exchange  your  bond  for  a penny stock with  more than  a billion shares  outstanding  that  will  likely  open  trading   at  below   5 cents  ??  rate and reply
5 stars

RE:arcan debenture vote

It   is  outrageous    that  these   Toronto  based  funds  holding  40%   of  the  bonds   will  receive   14.2857%   more   than   the   remaining    60%   .   Just   VOTE     NO   .  rate and reply
5 stars

arcan debenture vote

Materials have been sent out.  I have no objection to a restructuring.  I have a big problem with being short changed.  Vote NO and ask for a proposal that treats all debentureholders fairly.  No...read more
0 stars

Debenture holders

If you own either the ARN.db or the ARN.db.b and have issues with the conversion please contact me: donny@acumencapital.com.  rate and reply
0 stars

RE:9 million dollars of free equity - "debenture committee"

Another   way  to  look  at  it  :      Arcan   just   paid    9 million   for   their    YES  VOTE .   while   they  will   pay   NOTHING    for   your   vote  .  rate and reply
5 stars

RE:9 million dollars of free equity - "debenture committee"

It  is  likely  all  their  expenses  will   be  reimbursed  by  Arcan  .  The  9  million  is  just  theft  from  the   other   debenture  holders  and   common  shareholders  .  This   40%   will...read more
0 stars

9 million dollars of free equity - "debenture committee"

The insider committee claims to have incurred expenses - they must have hired johnnie Cochran..................  rate and reply
1 star

RE:RE:NEW ARCAN ARTICLE!!!!!

righand2 wrote: Those are the guys getting the special bonus shares, so what would you expect them to say? Exactly righand!  The situation at Arcan is not as dire as they would have you believe...read more
1 star

RE:RE:RE:NEW ARCAN ARTICLE!!!!!

BaystreetBrian wrote: Arcan has protected itself for an oil-price slump with hedging contracts through 2016 and expects oil prices to rise to $130 a barrel within 18 months, President Doug Penner...read more
0 stars

RE:RE:RE:NEW ARCAN ARTICLE!!!!!

disregard that last paragraph  rate and reply
3 stars

RE:RE:NEW ARCAN ARTICLE!!!!!

Arcan has protected itself for an oil-price slump with hedging contracts through 2016 and expects oil prices to rise to $130 a barrel within 18 months, President Doug Penner said in a phone interview....read more
2 stars

RE:NEW ARCAN ARTICLE!!!!!

Those are the guys getting the special bonus shares, so what would you expect them to say?  rate and reply
2.5 stars

NEW ARCAN ARTICLE!!!!!

http://www.newswire.ca/en/story/1467079/stornoway-portfolio-management-supports-arcan-resources-recapitalization-proposal  rate and reply
1.5 stars

RE:RE:holy doodle

righand2 wrote: It will probably fall back below 10 cents on Monday. The debt remains far too high. Looks like I was pretty accurate in my prediction.  rate and reply