Post by
TSX10Bagger on Jun 12, 2015 8:35am
does anyone know where you can see if they are buying?
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 11, 2015) - Southern Arc Minerals Inc. (TSX VENTURE:SA) ("Southern Arc" or the "Company") is pleased to announce that Eagle Hill Exploration Corp. (TSX VENTURE:EAG) ("Eagle Hill") has filed on SEDAR the National Instrument 43-101 technical report for the Preliminary Economic Assessment ("PEA") for Eagle Hill's 100%-owned Windfall Lake Gold Project ("Windfall Lake" or the "Project") in Quebec, Canada. Southern Arc owns 26.25% of Eagle Hill.
Read more at https://www.stockhouse.com/news/press-releases/2015/06/11/southern-arc-directs-investors-to-eagle-hill-exploration-s-preliminary-economic#eYUGq8XW7KLk4whQ.99
Comment by
moonshot5 on Jun 12, 2015 12:45pm
A third party source believed reliable suggests SA has $830,000 in cash as of end of May, so I don't think they will be buying anything. You should check SEDAR for yourself if you want to verify the cash figure.
Comment by
tomgranite on Jun 12, 2015 2:06pm
That $830k was working capital of which $750k was a debtor. Simple maths gives a cash holding of $80k .
Comment by
JDTRADER888 on Jun 15, 2015 3:29pm
Oban picking up claims next door to ORX .They have news out today.