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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
Post by DOit62on Feb 24, 2011 3:17am
370 Views
Post# 18185382

Deja vu ?

Deja vu ?

I came across an old post from early 2007 on the investors hub page. Being relatively new to Southern Arc i found this article very intersting. At that time SA had just raised $12,000,000 in a private placement at 1.20, Selodong was estimated to have a gross in situ value of $7.5 Million, it was quoted that Juniors usually get bought out for between 10% and 40% of in situ ore value and Bob Moriarty speculated that SA would be bought out at between 1-2 Billion Dollars with 12-18 months.

Appologies to the longs who dont need reminding of the past 4 years.


Do it.


Southern Arc Minerals (SOACF-US; SA-Canada) IF YOU TRY TO BUY AND CANT TRY SOACF WITH AMERICAN ACCOUNTS --------------------- CONTACT www.southernarcminerals.com Southern Arc Minerals Ltd. Box 1078, Suite 1500 885 West Georgia Street Vancouver, BC Canada V6C 3E8 Telephone: 604-676-5241 Fax: 604-488-0319 --------------------- •52 week high $2.48 52 week low .20 Current Price $1.25 •Estimated Market Cap $98,000,000 •Outstanding Shares 80,500,000 fully diluted as of 12-1-07 •Cash $14,000,000 after closing of $12,000,000 financing https://www.southernarcminerals.com/s/NewsReleases.asp?ReportID=274408&_Type=News-Releases&_Title=Southern-Arc-Announces-12-Million-Equity-Financing •CEO owns or controls about 10% of stock issued --------------------- Southern Arc Minerals is a Junior Gold and Copper exploration company with multiple projects in Indonesia, one of the most prolific regions in the world for elephant sized Gold, Copper, and other mineral deposits. Indonesia is home to two of the world’s largest operating Gold and Copper mines, Batu Hijau- Newmont, and Grasberg – Freeport McMoran. Southern Arc believes they are the leading Junior Exploration company in Indonesia having secured several exploration rights in the year 2005, when the Juniors were not securing exploration projects in the area. --------------------- About the current drilling project- Selodong Of immediate interest to investors is the Selodong Intrusive Complex that Southern Arc secured from Newmont Mining in the year 2005. In return for all of the historical drilling results that Newmont had, and a 2% future royalty on any future production, plus the “Right of first refusal”, Southern Arc secured the exploration rights to this area in West Lombok. The Selodong Intrusive Complex encompasses a large gold-copper porphyry deposit that was explored by Newmont and has been further evaluated by Southern Arc to provide a basis for infill and deep drilling, which is currently ongoing. Although classed by Newmont likely to be as significant as the porphyry that ultimately became the world-class Batu Hijau Mine on Sumbawa Island, the resources were subsequently concentrated on developing the latter, already more advanced porphyry in west Sumbawa, adjacent to the south to Southern Arc's Taliwang Project. Selodong was therefore put on hold by Newmont and ultimately, in accordance with Indonesian law, the Selodong porphyry had to be relinquished by Newmont, together with the whole of the Block 1. As the reliquishment was being processed Southern Arc acted immediately to acquire Block I as an expansion of its property portfolio. The excitement began this spring when Southern Arc announced they would begin “deep drilling” this prospect with 600 meter plus holes. Prior to this, Newmont had carried out hundreds of drill holes up to 125 meters in length. Upon the first drill hole being announced in early May, the stock went from 70 cents to about $1.70 in a short period of time. Since then, they have drilled off a further 6 additional deep drill holes as they define and discover the size of the deposit. These holes are showing massive amounts of Gold and Copper intercepts at an average length intercept of 430 meters per hole. The Ore Value is roughly $25 per tonne, and we some have estimates already of 300 million tonnes. The gross in situ value would be $7.5 billion. The market cap is only 100 million fully diluted. This is less than 1% of in situ potential value, with much more upside in tonnage potential to come as they continue drilling. Juniors usually get bought out for between 10% and 40% of in situ ore value. A good example is a company called Palmajero. They were bought for 1.1 billion in a merger this summer after drilling off about 3 million ounces worth of proven gold equivalents. This was 40% of the insitu valu. As Southern Arc continues to define the resource with more drill holes, they build upon the gross ore value of the site. This is a Porphry Style deposit, very inexpensive to mine and very profitable. Majors love these types of discoveries. To wit, three of the Major miners of the world have signed confidentiality agreements to review all of the metrics of the Selodong deposit since September. We also understand from internal sources at the company that the Chinese have quickly staked out a significant number of prospective areas since Southern Arc first came into Idonesia. While the stock had an amazing run from 20 cents in February to as high as $2.48 in June of this year, it has consolidated over the past 6 months or so into a bullish pattern. The company announced a $12,000,000 private placement this week at $1.20 a share. It was fully subscribed within 48 hours and will officially close around December 10th. The stock traded down from the $1.40 range to the 1.12-1.22 range on this news, as is expected. Once this placement officially closes out, we expect the stock to regain momentum on news that will be coming all year long on drill results. --------------------- Insider buying and other coverage CHECK INSIDER BUYING HERE SHOWS THE CEO BUYING SHARES ON THE OPEN MARKET HIMSELF! https://canadianinsider.com/coReport/allTransactions.php?ticker=sa.v John Proust is the CEO of Southern Arc. He has been a regular open market buyer of the stock all summer long. John has paid as much as $1.80 per share and as little at $1.10 per share in the open markets. It is extremely rare to find a Junior exploration company with top level executives buying the stock in the open market. In addition, Michael Andrews is a noted Geologist with 30 plus years of world experience, a Director, and he has purchased shares in the open market at 1.49, 1.50, and 1.56 over the past 3 months. John Proust and Michael Andrews have also participated in private placements with their own funds. Mr Proust controls or effectively owns close to 7.5 million shares. One of the most respected Gold and Mineral analysts-writers is Bob Moriarty, of 321Gold.com. Bob discovered Southern Arc this spring at 35 cents or so a share when he went on a site visit. He believes it may be on of the most exciting Juniors in the market to invest in today. He continues to own a significant number of shares and has written up the company a few times this summer. You can read the articles below by Bob as well as Omar Boulden from his site. In it, Bob speculates that Southern Arc will end up being acquired for between 1 and 2 billion dollars within 12-18 months. At current share levels, that would equate to $12.40 cents full diluted to $24.80 cents fully diluted. In addition, Bob Bishop retired this summer after more than 30 years writing about precious metals and junior exploration companies. Prior to retiring, Bob’s final newsletters had extremely positive commentary on Southern Arc as well. The coverage this summer helped push the shares to a 52 week high in June of $2.48 per share, up 1200% in only 4 months time from its lows. The company has also been mentioned by Roger Wiegand, Adam Hamilton and others. Southern Arc stock has drifted back off on low volume as Bishop retired and Moriarty has not written them up in several months. The company has done a poor job of creating market awareness of their Selodong and other prospective exploration projects. With this recent financing now being completed and $12,000,000 soon in the bank, we expect this to change. A second drill was recently mobilized to the site and there are now two drills going full time. A 3rd deeper 1,200 meter drill is being secured now and will help further define how deep the deposit may go. We also are hoping for new institutional support now that Haywood Securities and Cannacord have helped with the financing. The company and their geologists have identified 15 Porphry targets within the Seldong complex. With some extrapolation, its possible over time they could prove up more copper and gold than Batu Hijau has. Batu Hijau has roughly 1 billion tonnes of copper and gold and is owned by Newmont. Newmont was working on the Selodong deposit and relinquished it to get their Batu Hijau mine up and running by 2001. Southern Arc was in the right place at the right time, and the drilling continues to show it’s possible the 15 Porphry targets connect up and in the future, could prove to be as big or bigger than Batu Hijau, one of the worlds 10 largest gold and copper open pit mines. The grades from drill results so far are remarkably similar. I would suggest you read up on the site for more details, maps, and drill hole results. --------------------- [b]The following links provide some excellent due diligence reading sources. Once this equity is discovered by the masses, we believe the share price can very rapidly appreciate to fairer value levels. Please read some of the information below and do your own due diligence. You may purchase shares with the symbol SOACF in the US, or SA.V in Canada. May article from 321 Gold after first deep drill holehttps://www.321gold.com/editorials/moriarty/moriarty051107.htmlJune article on Southern Arc regarding fair value and due diligence

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