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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 Jan 03, 2008 2:10am
181 Views
Post# 14144937

RE: Sketch to match 9 pm post last night

RE: Sketch to match 9 pm post last nightBy "two plugs" I meant two intrusive plugs where most of the holes are centered. Most of the higher grades seem to be confined to one intrusive unit. Nothing wrong with that as long as there is enough of it. There isn't, so far, proof of concept of all of it being connected. I'm happy to see the location of hole 11 since this is the kind of hole I was hoping to see earlier. If two or three holes drilled across trend can connect the dots (or plugs, in this case) it would go a long way to showing they have a sufficently large starter zone. That is nearly always the key with this kind of project. Even with huge size you need that sort of zone for rapid capital repayment or the capex this sort of project entails starts looking scary. Just ask Novagold. I know management and most of those bullish on the stock already assume that to be true but the market won't until they prove it. That as much as anything would be what turns SA around in the market.
Bullboard Posts