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Experts Commenting on This Company
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Southern Arc Minerals Inc.TICKER: SA:TSX.V; SOACF:OTCQXSouthern Arc Minerals Inc. is a Canadian mineral exploration company focused on gold and copper-gold exploration. The company's key exploration property is its West Lombok project, with several gold-rich copper porphyry and epithermal gold vein prospects. A second exploration property, East Elang, is being advanced in partnership with Vale. Southern Arc is actively drilling at West Lombok with the objective of completing an NI 43-101 resource estimate for the property by mid-2013. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Comments:
The Gold Report Interview with John Kaiser (7/8/13) "Southern Arc Minerals Inc. has been working in Indonesia for the past decade and has $14M in cash. The company expects to produce an NI 43-101 resource estimate for its primary project. Once it has delivered its resource estimate, the company plans to stop working in Indonesia and to seek farm-out partners for its more advanced assets. It is looking for opportunities to acquire a distressed asset, perhaps in a different jurisdiction with fewer political issues. The company has a decent management team, including John Proust and Mike Andrews, and substantial backing from the Qatar Sovereign Wealth Fund. On June 28 Southern Arc announced that it had spent half its treasury to acquire a 26% equity stake in another junior, Eagle Hill Exploration, owner of the high-grade Windfall gold deposit in Quebec. . .it is an example of opportunism at work in a distressed gold equity market." More >
Southern Arc Minerals Inc. Content
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Watch
Southern Arc's Investor Webcast (11/20/12)