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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based company. The Company is primarily engaged in the project generation and investments in mineral resource companies with a focus on gold and copper-gold. The Company operates through the acquisition and exploration of resource properties and investments segment. The Company has not generated any revenue.


TSXV:SA.H - Post by User

Bullboard Posts
Comment by Paidmydueson Jul 31, 2007 4:04pm
210 Views
Post# 13181253

RE: A little perspective, please... Posted By: k

RE: A little perspective, please... Posted By: kYou could be right Kevin. With all due respect - and I am impressed by your posts, I think SA is hoping the porphyry bodies are not predictable - at least in the sense that there is more than they know about at surface so far. OB likes to generate these goofy share values but they rarely take capex into account. I thought the last hole wasn't bad but I also think there are too may people pumping the stock too much and building up too much anticipation - that's a dangerous thing in a drill play. Its a pretty interesting project and if they find a big enough high grade body they should do well. OB might be right about the PP selling, since the hole did bring in sort of lengths that were expected and the gold grades were good. My only caution is to remember they need a starter pit in a spot like this and to remember ( as I know you kow) that hole four was not a "step out" as some people here keep calling it - it was a seperate porphyry body. Hopefully they take a shot at some of the iuntested anomalies. That could have the most "surprise value" Good luck with it
Bullboard Posts