What you Frog and everyone else is saying about the Arc is what was said about the U.S. fracking boom before it became a reality. If there's oil in the Arc, and no one can deny that there is, someone,or some country is going to want it. The need for oil is going to grow at a pace never seen before and every available ounce of it will eventually have to be brought to the surface and utilized. Fracking technology is getting better and cheaper daily(although I am by no means an expert)and I believe that long term, we will see the Arc produce. It also has the means for conventional drilling of wells if my understanding of all of the info is correct. I think we are due an announcement regarding this exact subject soon and we will not be disappointed. The firing/release of Mr. Schofield has me wondering what is in the works regarding the Arc. (does someone want their own people running the show) I for one am not writing it off just yet.
LNC Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
