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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 Oct 18, 2007 12:50am
231 Views
Post# 13593221

RE: Paidmydues... please help

RE: Paidmydues... please helpI'll have to go and look at it Kevin - not a Terrane fan so I didn't pay much attention to it to be honest. My comment is based on the assumption (which may be wrong) that the costs stated were US dollar which is commonly done because the product (metals) are sold in US dollars. If that is the case then using a 1:1 exchange rate effectivly bumps the cost up by about 20% (1/0.85) in US dollar terms. Not the end of the world but it won't help. My comments weren't facetious however - I hope Milligan is not the model becuase its not that great a deposit as the market's reaction shows. Part of Terrane's problem is the standard retarded "Guistra - Cannacord London" share structure. One thing I do like about SA is that, even though Proust and Leishman came out of that camp they avoided creating yet another Endeavour share pig which is one reason SA trades better than any of the other deals that group did.
Bullboard Posts