Southern Arc Minerals Inc.
June 7, 2010
Here’s the catch, right up front. I own shares of Southern Arc Minerals (SA.V). As a result, I’m biased in favour of this investment. Such bias is a thing to be confronted every day, both in others and in ourselves.
I write for fun. It’s my hobby. Importantly, it’s also how I organize my thinking. When judiciously applied, this method has happily written me right out of some bad investments. It’s a testing exercise by which I endeavour to poke holes in my own reasoning. As such, it’s a key method in confronting my own bias. My point here is that, in more than three years that I’ve invested in SA, I’ve done a lot of writing, and have yet to sell a single share. I will sell shares at some point, for certain, and look forward to that day. This exercise in writing should help to determine when and by what events this will be triggered.
If by reading what follows, your own understanding of this investment improves, that’s a bonus, but not my purpose. Remember. I am not your financial advisor. I’m not telling you to buy, sell, or hold. While all efforts are made to be accurate in what I present, no warrant is made that I am successful on all counts. What I write is what I see and what I interpret and what I think and what I believe. This doesn’t necessarily make it so. Case in point: When I look at my holdings, the screen still shows 700 shares of Bre-X, bought at $2.83. I could have it removed, but prefer to leave it as a reminder of how stupid I can be. In other words, do your own homework, starting with the Company’s website. You’ve been told.
I am neither an employee nor agent of the Company. I do not represent the Company in any way whatsoever. I have received no compensation nor consideration of any kind from the Company at any time, nor do I expect any compensation for what follows. I represent nothing here but my own musings.
My aim here is to gather, think through, organize, and articulate all relevant things I know about Southern Arc Minerals in an effort to better assess the potential for my investment in the Company. As for structure, I employ a branched linking format, with this page as the main starting point. Short articles lead to layers of other articles, tools, library resources, and websites. It is my hope that the end result will be a comprehensive and dynamic network of resources. Date-stamped additions of new and updated components will be easier to insert and easier to follow, without the need to re-read the entire story.
Broad topics include:
- Key personnel (updated May 7, 2013)
- Background and history of the Company
- Indonesia (updated December 17, 2012)
- Indonesian Properties (updated July 26, 2013)
- Eagle Hill (Windfall Lake Property) (updated July 26, 2013)
- Risk assessment/Risk reduction (updated July 26, 2013)
- Site Tour
- Comparative Companies (updated July 8, 2011)
Success in this investigation will be greatly influenced by your involvement. I look forward to your feedback and suggestions for improvement as the investigation proceeds. Please don’t be shy.