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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 harmony305on Aug 22, 2013 3:42pm
288 Views
Post# 21690589

RE:RE:eag=sa (almost) in share price

RE:RE:eag=sa (almost) in share priceThe market seems to be saying that EAG is worth 11 cents/share(vs 7.5 cents) now that the deal has gone thru and new management is in place at EAG.

Why is SA share price not reacting to the market?

Kevin did some number crunching a couple weeks ago with SA at 13.5 cents and EAG at 7.5 cents.
Lombok was worth 3.6 cents per oz gold equivalent and EAG $20.49/ oz at 7.5 cents /share.

It seems the market is saying that Lombok is now worth roughly half a cent per share with EAG remaining at $20.49/oz  if my quick math is correct.

https://www.grahamanalytics.com/CompanyFiles/SA/SA_book/risk_assessment/West_Lombok_Eagle_Hill_and_the_Market.html
Bullboard Posts