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Southern Arc Minerals


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Southern Arc Minerals >  > Off-the-cuff View modes: 
  • Off-the-cuff

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    I was thinking back to 2011-2012 and how difficult it was to get points across on the SA board and how so many posters were scared away from posting all because they did not have the same opinion as the majority on the SA board. (I made comments over the years about this fact). Or at least they were looking at the opposite of everything is "peachy keen".

    We fought the abuse many times. Some survived and some disappeared.

    Do the majority feel that the fall in the share price of SA was due to post's on this board or the fall in the SP was due to circumstances related to Indonesia, the market and the economy in general? I for one believe that even though the Stockhouse board is a wealth of information and there are pumpers and there are bashers but in general I don't think post's have a great influence on whether someone buys or sells their stock.

    On the other hand when there is a majority of like minded thinking investors that look at the world as they are right and everyone else is wrong then I think they might be able to be swayed. I have always had the belief to figure out what the majority is doing and then do the opposite. In most cases the herd mentality is usually not always correct. I say this because there was a article back then ( off Stockhouse site) that was blaming the fall of the SA SP on poster's ( at that time). I find that fascinating.

    Today SA's SP is very low. Many mining companies are in the same boat. Even SA states that Indonesia isn't the best place to focus on at the moment and suddenly all the battering has disappeared. I am no Frankman, but I will guess people thought poster's were to blame when things were going the opposite way to what the majority wanted. I believe that SA has a resource and reading all the post's it looks like it will have to wait a while longer. 

    I also believe that EAG is possibly where the focus should be right now. If you have read that article I posted on the regular board by Kevin Graham (from Agoracom) I would say with $ 7 million invested of SA money in EAG, John Proust will make EAG work.

    Lombok has hidden treasurers, but it looks like Eagle Hill is about to bring to the surface their hidden treasures. First Eagle Hill and then SA and Lombok. My opinion.

    Thanks for wasting your time reading my post.

    I will tell you another thing. I have no idea how I can post on this board. Years ago I wanted to join and tried to join, but Vwig wouldn't allow me to do so. I will guess everyone was happy about that. Low and behold suddenly I can post. Maybe Vwig had a change of heart. I will say thank you for your change of mind. Maybe I have some new friends. Miracles can happen. Cheers.


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vwig
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