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Good advice, the drop attracted me back to Arc and it's paying...

  1. 356 Posts.
    Good advice, the drop attracted me back to Arc and it's paying off. When was the last time it increased over 5% in a day?

    I used the current weakness to buy some BPT and just picked up some AZA. AZA stated in an April 07 presentation when the shares were around ~ $1.18 that their 2P reserves were valued at $8 vs $20+ industry average. Now the share price is $0.88.

    That means you can buy a proven barrel of oil for around the cost of a 6 pack of XXXX.

    They have temporary trouble with damage to a production vessel and reneged on a gas deal in favour of pumping more oil instead.
 
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