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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 in the province of Alberta. The Company currently has two operating segments including exploration and production and pumping and stimulation.
Price: $0.295 | Change: +$0.015 | % Change: +5.36%
Volume: 336,800 | Day High/Low: 0.295/0.275 | 52 Week High/Low: 0.91/0.235

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0 stars

How cheap it can go

This stock is currently trading at about 0.1X of its NAV.  If it does not go belly up, the upside should really be tremendous.  The fact that no company even tries to snap it up at this price shows...read more
0 stars

RE:Presentation

On the plus side, I am very encouraged by the four Q1 wells they drilled both for their low cost and the high 2P reserves added per well.  The economics look fantastic.  I wish they were not losing...read more
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Presentation

New presentation is out. Any thoughts?  rate and reply
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RE:RE:RE:RE:RE:Everything is honky dory

No problem, just wish that they would have made the change earlier. That to me is the big postive, I don't think that Arcan could be ran any worse than under Gilmet. To go from having basically no...read more
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RE:RE:RE:RE:Everything is honky dory

nir2, thanks for sharing information.  I had been unaware the change of CEO of the company when I posted my opinion.  A new CEO certainly is a positive move and generates some hope for retail...read more
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RE:RE:RE:Everything is honky dory

I don't think your wrong at all. The share price has been brutal the last couple years and operationally they have struggled. The one thing I have to say in defense of management as currently...read more
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RE:RE:CEO and CFO hardly own any shares...

People can double their money in less than 2 years with the debentures as long as they are able to service and refinance their debt. They appear to be servicing the debt and the long-life nature of...read more
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RE:CEO and CFO hardly own any shares...

according to canadian insider there is net selling of the common stock, with acquisition of the debentures.  They are happy to lend money, but not own a piece of it.  (so am I) Disclosure long...read more
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CEO and CFO hardly own any shares...

CFO has like 28,000 shares and CEO has 230,000.  So $9k and $60k.  If they are so pleased they should be averaging down you'd think.  rate and reply
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RE:RE:Everything is honky dory

I feel it very very odd that such a rosy quarterly financial report coming out with management basically complimenting itself for what it perceives as a great work job done for the company while the...read more
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RE:Everything is honky dory

That is the problem, when the share price has gone down so much to almost zero,  management feels that it is doing an exemplary job for shareholders and keeps on complimenting its achievements as...read more
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RE:Everything is honky dory

AS a rule, if you do not understand, you should not invest in it. Many stocks in the sector have the same pricing right now.  rate and reply
1 star

Everything is honky dory

That is the impression I got from reading the company's latest finsncisl report and you probably agree. In it, it mentioned the NAV of each share is worth $2.53.  It makes me wonder why the share...read more
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RE:Year End

Thank you for this post, makes sense to me.  rate and reply
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RE:RE:Year End

What I find disturbing is that I've heard the CEO state on more than one occasion is that they have no control over the share price.  Thats just what shareholder's want to hear - NOT!  rate and reply
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RE:Year End

It all sounds so Fine & Dandy - albeit the one exception of primary concern for investors - the pathetic STOCK PRICE!!  Their glaring omission to acknowledge that fact is revealing of their complete...read more
5 stars

Year End

News out before the expected day, how nice. Fairly interesting report. Deer Mountain has stablilized at 1250 BOE/D which is positive, new well results with IP's of 400 is also positive. The...read more
5 stars

RE:RE:News Today

Haha ya I felt pretty stupid for posting that then having nothing happen so I emailed the company. Doug Penner responded and said they are shooting for Thursday. The joys of the venture exchange. So I...read more
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RE:News Today

It appears that the news is so bad that they don't want to release any.  rate and reply
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News Today

How grim does everyone think it will be? Any thing other than a trainwreck would shock me. Hopefully I'm shocked.  rate and reply