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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 Aug 04, 2007 5:56pm
210 Views
Post# 13202056

RE: 7-31 repost

RE: 7-31 repostLook at the drill map Kevin - what those holes told them is that horizontal limits of the porphyry stock at depth is pretty much what Newmont thought it was. At least, that was how I saw in the first two holes at Selodong and I could not see why they were drilling along the longest axis of the porphyry bodies unless it was a "money hole". I'm fine with those, especially if I own the stock first but I think "the market" sees them as trying to get the longest intersectiosn based on Newmonts drilling rather then extending the thing. In that sense it was not news, though the long lengths of mineralization were definitely nice to see. In most cases through if you look at the plan map and the SA intersections they fall poretty much exactly where you would expect based on the surface plan they already have in hand. I think they were hoping the lower grade breccia would prove to be a near surface thing, which it might be in some areas. I'm not belittling their work but I think the reaction to a hole like that in "virgin territory" would be much bigger. THat's what I'm hoping, anyway.
Bullboard Posts