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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 johnfever21on Mar 16, 2012 10:59am
282 Views
Post# 19680511

Stock price performance for March -.024

Stock price performance for March -.024

 

 

Date

Close

03/16/2012

0.49

03/15/2012

0.49

03/14/2012

0.48

03/13/2012

0.53

03/12/2012

0.54

03/09/2012

0.57

03/08/2012

0.53

03/07/2012

0.6

03/06/2012

0.55

03/05/2012

0.63

03/02/2012

0.69

03/01/2012

0.73

After 1 nr and 1 investor meeting the stock price has plummeted  net .24 cents. I do not expect much of a change going into the summer even if they finally get the permit as doldrums and tax loss season will mute anything positive. Even if there is a future price rise there will be many wanting to recoup some of their losses and some will be looking to claim tax losses.  If your in a profit situation take some!.Just my opinion, but heck I wave warned you all along not to "catch a falling knife" "throw good money after bad". 

Try to re coup some money elsewhere on the summer sell off and look for the small cap stocks with some actual production revenue or those close to it who have had been sold off. I keep repeating there are better leverage (more shares for the buck) long term  in not just other gold stocks and base metals and especially oil. 

Always take some profit when you can. Lesson learned for some while others show many losses and continue to lose money.      

     

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