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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 vwigon Jul 07, 2010 9:00am
399 Views
Post# 17249584

RE: NEWS!

RE: NEWS!Interesting and good news.......Mike Andrews feels confident enough that something will happen to allow SA to repay this within three months. As I understand it, there is no dilution involved here, and it tells me that there are some very good events that will most likely be announced in the next months.  In addition to allowing for immediately cash flow for drilling, this tells us so much more.

It tells me that the company as stated before is not inclined to go to dilution to get cash, so I expect that soon an announcement will be made that effectively shows us where JP is going to get the funds for further exploration and company building. I expect that something rather more interesting has been brewing in the background that will settle the funding issue soon.  This seems to be a very clear signal of that.  The three months kind of give it away, yes?

feedback is welcomed on this speculation.



vwig.
Bullboard Posts