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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
Comment by gold_Gold_GOLDon Nov 26, 2014 2:43pm
130 Views
Post# 23166828

RE:RE:Options

RE:RE:OptionsI agree RD, deals do take time to compete, sometimes years.  But based on recent comments, reading between the lines, it appears (could be wrong) that there are no deals forthcoming.  I think the usual suspects in the area, Vale, Freeport, Newmonts of the world – have no desire to spend money, especially in Indonesia.  It has been said that they are looking at Chinese, Indonesian or other companies, but we’ve heard that for a few years now. 

Your right – there has been no insider selling, but no buying either.  Are they blocked out from buying/selling?

Based on the current financial situation, something has to give and soon.  Last year we had the benefit of money in the bank to see us through this junior resource downturn – But not anymore.

I'm hoping for the best and hopefully something will be said during the meeting on the 5th but I'm not holding out much hope.
GLTA
Bullboard Posts