This discussion is about Southern Arc Minerals Inc.

Southern Arc Minerals

mufflerr
+93-14

Message Board discussion related to Southern Arc Minerals.

Vwig
+478-175

Re: Southern Arc Minerals

From what we understood, there is no plan for a financing that would dilute further.  Of course, anything can happen, but I think that JP realizes that it would be frowned upon at this point in time.

I expect that CNC and perhaps a deal for one of the properties, or internal financing will give us the cash flow we need in the near future.

Nothing is ever certain, but I felt that JP was quite clear about not wanting to further dilute.

 

 

cheers,

 

 

vwig.

 

Melodyfan
+934-115

Re: Southern Arc Minerals

So the issue of dilution was brought up Vwig? There are no plans for a financing in the near future? Thanks

marty47
+227-27

Re: Southern Arc Minerals

Huge bidding now at .75 cents. Momentum is back behind us it would seem!

marty47
+227-27

Re: Southern Arc Minerals

Thanks for the link macdougal - and thanks for the breakdown Vwig. I hope the wait is almost over myself. Is SA your biggest holding??

marty

hunter49
+404-46

Re: Southern Arc Minerals

How many billion dollars is the deposit presumably worth?? 5 to 10 or much more??

 

Vwig
+478-175

Re: Southern Arc Minerals

The PDAC was very informative on the geo side of things.

 

Basically, what we got from it was that management is very excited.  It is clear that all the pieces are now in place and as soon as the IUP for Lombok comes in, we will see Pelangan drill results and I think there is already a deal being put together for one of the properties.  We could feel the anticipation of management.  Clearly, they know the wait is nearly over.

 Looks like there will be drills turning as soon as the IUP is done.

The perda is days away, only the governor to sign . Last phase of this issue. Once that is done, then they need at least a few weeks to set up a new holding and  most likely the IUP will be following soon after that.

In essence, from what we saw of the area and all of the other companies working in the area, if SA can't find good ore there, there is something wrong, because it looks like they could be catching fish in a barrel there. So much mineralizationthat it would be hard not to find something worthy.  That being said, we already know that we have a resource of some value as it is.  They just need to define a bit more.

We should soon see value being created.  Jp is going on a roadtrip to bring more people to the show and CNC, which is now NOG (Nickel, Oil & Gas) will be seeing an IPO in June or so......after they tie into the pipeline with the first well.  Cash flow should result from that.

JP alsodoes not wish to dilute further, so we feel there is already a deal in the works. Sabalong, perhaps?

 

Good things to come. The wait is nearly over............

 

 cheers,

 

vwig.

 

 

 

macdougal
+49-0

Re: Southern Arc Minerals

Hi 

Two new presentations have been uploaded to the SA web site. I presume they were the presentations shown at the PDAC. The Technical presentation looks especially interesting.

http://www.southernarcminerals.com/investors/presentations/

Cheers

Doug  

marty47
+227-27

Re: Southern Arc Minerals

80 cents is a stone's throw away as the Volume has picked right up the past week or so ! Things looking very good IMO for SA. Just need that magic news!

marty47
+227-27

Re: Southern Arc Minerals

Looks like PDAC is having a very positive effect on SA!!!!

Did anyone here about how that presentation went ?? Surely it went well. The markets seem much happier lately. 

marty47
+227-27

Re: Southern Arc Minerals

60 cent bid at least we are out of the 50s!!!!

PDAC is one week away- hopefully that brings some heavy trading for us. 

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