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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 14, 2014 8:50pm
197 Views
Post# 23131696

Don't get the locals upset. We know what happens if you do.

Don't get the locals upset. We know what happens if you do.Looks like PT Indotan is taking over Lombok ( Fire sale again)
When you can't sell someone profits. Cheers.

Link:

https://www.ciputranews.com/riil/legislator-kritik-rencana-eksplorasi-tambang-di-sekotong
Legislators criticism Mine Exploration Plan In Sekotong

Posted on 13 Nov 2014.

Local legislators West Lombok district of the Indonesian Democratic Party of Struggle Adnan criticized plans to mine in District Sekotong by PT Indotan West Lombok Risen fearing environmental and social impact on the community.
'The Indonesian Democratic Party of Struggle (PDI-P) from the beginning they do not agree Sekotong mining activities, because a greater negative impact, "he said in Gerung, the capital of West Lombok, West Nusa Tenggara (NTB) on Wednesday.
PT Indotan West Sumbawa Regency plans to acquire PT Indotan Risen West Lombok. Management of the mining company currently completing the licensing process, including to improve the status of exploration activity becomes exploitation.
The plan contains rock mining activities of gold and copper will begin in mid-2015, on an area of 10 thousand hectares.
According to Adnan, the rejection has also been frequently voiced by the citizens of District Sekotong.
The head of the village and the residents openly expressed disapproval over the hills in the area of exploitation plan is estimated to contain reserves of gold.
He said people concerned about mining activities will have an impact on the environment, such as sewage and other pollution.
'Whatever the content of gold and copper in Sekotong, people still refused on environmental grounds,' he said.
Therefore, the legislator's constituency Sekotong hope West Lombok regency government plans to review the granting of a permit for PT Indotan to conduct mining activities in the region.
Adnan added that the area has been designated as the zoning Sekotong travel to the southern region of West Lombok, Senggigi other than in the north, so it should Sekotong there should be no mining activities in any form.
'Tourist and mining sector is considered to be much the opposite. If the district government insists there is mining activity permit, it would only kill the tourism sector, "said Adnan.
He also considered West Lombok regency impressed fickle in developing Sekotong pariwasata sector. In fact, local and central government has poured large enough budget to support the tourism potential of the area. (Ant / rd)
Bullboard Posts