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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 Dec 02, 2014 12:30pm
125 Views
Post# 23186008

RE:Management fees up again this year/ Good for management

RE:Management fees up again this year/ Good for management"While a number of discussions have reached advanced negotiations, current market conditions and the Indonesian political climate have complicated the process. Southern Arc is focused on further reducing costs at West Lombok to protect the Company's treasury, and hopes to execute a transaction in the near term that will bring value to the Company."

It's the same message over and over again. . . No deals in Indonesia until things change on the ground there.  I am thinking that no deal will happen in 2015.  Going to be an interesting meeting on Friday?  

Can anyone explain to me why we still have a VP of IR on staff?  What a total waste of money.  She should have been let go a year ago.  You want to keep her on for EAG or NZ, fine, but SA has no need for her.  


Bullboard Posts