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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based investment vehicle considering potential opportunities in all industries. The Company has not generated revenue from its operations.


TSXV:SA.H - Post by User

Bullboard Posts
Post by tsrimuangon Apr 07, 2007 12:23pm
167 Views
Post# 12564891

joe2dollars & Sheikh Abdulaziz Ali Alturki

joe2dollars & Sheikh Abdulaziz Ali AlturkiYes, it is true that SA wants to develop mines, not act like a typical junior pumping just for the SP. A company in this business starts as a junior but eventually, if they are serious, they move on from the venture exchange to the TSE or even better. This is where this is headed, just like EFR. Despite SA's modest results over the past few months (it did hit 0.89 about this time last year), the most recent go-to man accumulating SA has been a Saudi Arabian financier, Sheikh Abdulaziz Ali Alturki, who began buying large numbers of the company's shares over a year ago and now holds just over 500,000 of the company's shares. At least this is what his handlers said in BKK last week. Obviously with people like this buying in, including an Indian fund partly owned by the Tata family, it means SA is shooting for the moon with an intent to setting up a permanent colony.
Bullboard Posts