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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 buyb4its2l82on Nov 20, 2013 5:07pm
213 Views
Post# 21924781

Holy Moly that wasn't expected. Maybe they had to

Holy Moly that wasn't expected. Maybe they had toEither that was a very large tax loss writeoff or someone knows something we don't. Yes SA has cash, money coming in from Coke and and investment in EAG, but that is all they have. Their asset's are not making any money. They have investors money for the most part. Some investors have just sold off. Difficult time that is for sure. When you lose support it's over. If this is support then it will be a long time before anything changes. A good story line will not help, cash coming in from investments will not help, selling assets will not help. Until you have a cash engine it will be a waiting game. No one likes to lose money. No one likes the story to end. This is a major blow to the collective. You have been absorbed. Wow that was not expected. I would say good luck, but that just will not do it. Cheers for now.
Bullboard Posts