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Aroway Energy Inc V.ARW

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  ARWJF

Aroway Energy Inc is an oil and gas production and exploration company. It is engaged in the exploration and development of oil and gas properties.
Price: $0.045 | Change: +$0.02 | %Change: +80.00%
Volume: 218,000 | Day High/Low: 0.045/0.03 | 52 Week High/Low: 0.31/0.025
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0 stars

RE:RE:RE:RE:LOC Funding

I have in my e-mail "the new Line of Credit will allow them access  to $50 million"   He said they were working on another funding as well, so I'm assuming that it is the hedge fund that you mentioned...read more
0 stars

RE:RE:RE:RE:LOC Funding

Correct  -   This new debt will have  better terms and an attractive lending rate.   This LOC facility is not a reserve based lending like traditional bank lending so they won't have the bank demand...read more
0 stars

I think $25 million max draw on a facility is the deal

Well, $25 million max draw on a faciility last I heard.  rate and reply
1 star

RE:RE:RE:LOC Funding

I believe the 50 million was what was available under two seperate non-dilutive financing propositions however I believe the hedging one is no longer in play. Anyway starting to wish I'd of bought a...read more
1 star

RE:RE:RE:LOC Funding

No debt will not be paid. It will simply be replaced by this new debt which is why they are initially drawing only 10 million. I imagine that at least a million of that will be to fulfill their...read more
5 stars

RE:RE:LOC Funding

That is what I have in my e-mail   -  Access to 50 million at about 7%. Things may have changed in the last couple of months. Regardless,  they will have debt paid and money to work with to grow...read more
0 stars

RE:LOC Funding

my understanding is the deal is for 25mil LOC, but I can be wrong ...  However, it seems first 10 mil were received 2 weeks ago and getting released by RBC today as fintrac review completed yesterday...read more
0 stars

RE:ARW up 60%.. We're Rich! [Not April Fools] Really up 60%

will need 1,500% to break even. really.  rate and reply
5 stars

ARW up 60%.. We're Rich! [Not April Fools] Really up 60%

eom  rate and reply
5 stars

LOC Funding

I was told by CC  in an e-mail a few months ago  that the new Line of Credit funding will allow them access to 50 million at a rate of about 7%.  They will pay off their debt and  will have plenty of...read more
2 stars

RE:BearMarkets said, quote...

I understand what he says.   Look into the historys of the people mentioned.   Their historical famillies were fine.   As was Gary Ridgeway's A hard working truck painter for a Kenworth sales branch...read more
1 star

RE:BearMarkets said, quote...

See people, forgive and forget, lesson learned. We will all be laughing about this 1-2 years from now. I've learned this investment lesson many times now.  Well... you may have been taught this...read more
5 stars

BearMarkets said, quote...

bearmarkets, said, quote,  "many people could have said the same thing about, "Jesse James or John Gotti." I probably would not have said anything nice about Jesse James of John Gotti...... I'm...read more
5 stars

RE:RE:Making Money in the Markets

fintrac review completed, funds to be released if they are not already ...   let's try to get more details!  rate and reply
1 star

RE:Making Money in the Markets

"CC comes from a good family that I know personally in my home town. ."      It means nothing one way or another.     Many could have said the same thing about Clifford Olson,  Bernie Maidoff, Jesse...read more
5 stars

Seriously though....

As much as buying ARW when others are fearful might make sense, I would add that buying ARW is an atractively priced call option. Call options sometimes expire worthless... and sometimes can be...read more
5 stars

Warren Buffet is actually Long ARW.V

April Fools !!  Be fearful when others are greedy, and be greedy when others are fearful.  rate and reply
1 star

RE:Clowns

I agree to an extent.  It is comical only if you don't have money tied up in this garbage and in the sense that Chris Cooper and his pack of bull shitting liars think that to string the same lies on...read more
5 stars

Making Money in the Markets

Hi All, A quote that has stuck with me "buy fear and sell greed is the only way to make money in the markets" I am picking away at these levels and have purchased shares as high as $0.50/share but I...read more
0 stars

Clowns

This has gotten comical  rate and reply