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February 22 2012
Company Files
New Zealand Energy Corp.
The art of the promise

February 19 2012
Venture Exchange - A better way to invest on the Venture Exchange

February 09 2012
Company Files
New Zealand Energy Corp.
NZEC – what's going on?

February 06 2012
Commentary - Of rights and responsibilities

February 02 2012
Risk assessment/Risk reduction - Have I got a stock tip for you!
Southern Arc Minerals Inc. - Main page (updated)

January 19 2012
Recommended Reading
I like a good mystery

January 13 2012
Commentary - Shawn Ryan says YES YOU CAN!

January 10 2012
Recommended Reading
A Tale of Two Employees

January 09 2012
Risk assessment/Risk reduction - The demons within… or choose your battles carefully
Southern Arc Minerals Inc. - Main page (updated)

January 03 2012
Guest Article
Money is time: Chris Bart responds
Chris Bart

December 22 2011
Commentary - Money is time

December 14 2011
Risk assessment/Risk reduction - Mud puddles at your feet
Southern Arc Minerals Inc. - Main page (updated)

December 13 2011
Company Files
New Zealand Energy Corp.
NZEC – what you know and who you know

November 17 2011
Recommended Reading
Steve Jobs: Obsessed… or possessed?

November 05 2011
Recommended Reading
The Rare Find – spotting exceptional talent before everyone else

November 02 2011
Links of Interest
Gold ready to attack prior highs in the 1900’s
David Banister

October 29 2011
Commentary - Desperadoes and thieves

October 27 2011
Links of Interest
A rally for gold
David Banister

October 17 2011
Commentary - Like silent raindrops fell…

October 12 2011
Commentary - Go to pancake mix

October 03 2011
Commentary - Idle hands are the devil’s tools

September 30 2011
Commentary - Choosing the best tool

September 25 2011
Risk assessment/Risk reduction - I have nothing more to say…
Southern Arc Minerals Inc. - Main page (updated)

September 14 2011
Links of Interest
Gold heading to $2,350 per ounce after 4th wave consolidation
David Banister

September 12 2011
Risk assessment/Risk reduction - The Rule of Law on West Lombok
Southern Arc Minerals Inc. - Main page (updated)

September 11 2011
Commentary - Bill and Bella

September 7 2011
Links of Interest
Bull Market In Gold Over With Double Top?
David Banister

September 5 2011
Risk assessment/Risk reduction - Perception versus reality
Southern Arc Minerals Inc. - Main page (updated)

September 3 2011
Commentary - Five Star Help!

August 27 2011
Risk assessment/Risk reduction - One leads to the other, of course!
Southern Arc Minerals Inc. - Main page (updated)

August 20 2011
Risk assessment/Risk reduction - Multiple tens of dollars
Southern Arc Minerals Inc. - Main page (updated)

July 27 2011
Commentary - Shoot the middleman!

July 20 2011
Commentary - Critical conversation

July 08 2011
Properties - West Lombok - Way Linggo and its relevance to Southern Arc (video)
Southern Arc Minerals Inc. - Main page (updated)

June 22 2011
Risk assessment/Risk reduction - Connecting the dots
Southern Arc Minerals Inc. - Main page (updated)

June 14 2011
Toolbox
Simplify Insider Trading Reports

June 03 2011
Links of Interest
Crucial Pivot Point for the CDNX Index in Canada

June 01 2011
Toolbox - What’s the grade between the highlights?

June 01 2011
Toolbox - Calculating Tonnage

May 31 2011
Commentary - A Revolution in Education

May 29 2011
Comparative Companies - East Asia Minerals (EAS.V) - Somebody’s gonna be pissed!
Southern Arc Minerals Inc. - Main page (updated)

May 15 2011
Properties - West Lombok - Pelangan - Remember though. I’m just an English major.Southern Arc Minerals Inc. - Main page (updated)

April 29 2011
Links of Interest
Where next for Gold-Silver and the SP 500 Indexes?
David Banister

April 19 2011
Feedback on 'A=B'

April 14 2011
Risk assessment/Risk reduction - Pelangan and Mencanggah: IF A=B and IF B=C, then…
Southern Arc Minerals Inc. - Main page (updated)

March 13 2011
Risk assessment/Risk reduction - Say “Hello” to my little friend!
Southern Arc Minerals Inc. - Main page (updated)

February 13 2011
Commentary - Trust me!

February 12 2011
Risk assessment/Risk reduction - All Systems 'Go!'
Southern Arc Minerals Inc. - Main page (updated)

January 31 2011
Key Personnel - Mate in Three?
Southern Arc Minerals Inc. - Main page (updated)

January 19 2011
Feedback on 'Sunday Afternoon'

January 17 2011
Risk assessment/Risk reduction - A Pleasant Sunday Afternoon
Southern Arc Minerals Inc. - Main page (updated)

January 17 2011
Properties - Pelangan Drilling Results Released
Southern Arc Minerals Inc. - Main page (updated)

January 17 2011
Properties - West Lombok IUP Issued
Southern Arc Minerals Inc. - Main page (updated)

December 9 2010
Toolbox:
To Suppress or Not to Suppress

December 8 2010
Feedback on 'Relationships'

December 7 2010
Risk assessment/Risk reduction - Relationships
Southern Arc Minerals Inc. - Main page (updated)

November 24 2010
Risk assessment/Risk reduction - Big Picture… Little Picture – another walk around the barn
Southern Arc Minerals Inc. - Main page (updated)

November 24 2010
Properties - Taliwang - Southern Arc and Newcrest Sign a Heads of Agreement
Southern Arc Minerals Inc. - Main page (updated)

November 24 2010
Key personnel - Mike Andrews
Southern Arc Minerals Inc. - Main page (updated)

November 12 2010
Risk assessment/Risk reduction - Straight and to the Point
Southern Arc Minerals Inc. - Main page (updated)

November 12 2010
Properties - Tirtomoyo/Karang Tengah
Southern Arc Minerals Inc. - Main page (updated)

October 29 2010
Indonesia - The "Fifth BRIC"
Southern Arc Minerals Inc. - Main page (updated)

October 28 2010
Risk assessment/Risk reduction - What’s Southern Arc worth?
Southern Arc Minerals Inc. - Main page (updated)

October 7 2010
Key personnel -Insider Trading Summary Report
Southern Arc Minerals Inc. - Main page (updated)

October 4 2010
Properties - East Elang/ Sabalong - Southern Arc Strikes First Joint Venture Deal
Southern Arc Minerals Inc. - Main page (updated)

September 15 2010
Toolbox: In Situ Valuation Calculator

September 10 2010
Risk assessment/Risk reduction - Various and Sundry
Southern Arc Minerals Inc. - Main page (updated)

August 30 2010
Properties - West Lombok Maps Update
Southern Arc Minerals Inc. - Main page (map update)

July 12 2010
Properties - Taliwang - Taliwang IUP Issued
Southern Arc Minerals Inc. - Main page (updated)

July 12 2010
Risk assessment/Risk reduction - Bureaucratic
Southern Arc Minerals Inc. - Main page (updated)

June 8 2010
Risk assessment/Risk reduction - Fundamentals - Nickel Oil & Gas Corp.
Southern Arc Minerals Inc. - Main page (updated)

June 7 2010
Southern Arc Minerals Inc. - Main page

March 30 2010
Recommended Reading
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March 23 2010
Recommended Reading
The Greatest Trade Ever

March 22 2010
Size and staying power...

March 14 2010
… but the greatest of these is charity!

October 23 2009
New Additions to Library

September 10 2009
TEGWAR

September 9 2009
Just one more barrel of flour

June 30 2009
Survey Reports
Impact Silver Corp (updated)

June 19 2009
Guest Article
If I'm So Smart, How Come
I Don't Run PIMCO?

Gabriel Gray

June 19 2009
Is Indonesia ready to play
in the big leagues?

Kevin Graham

April 9 2009
Short Selling is Bad
for the Market

April 2 2009
Epithermal Gold for Explorationists

March 31 2009
Epithermal Deposits –
gold and silver

March 31 2009
Epithermal gold deposits, geothermal systems and volcanoes

March 22 2009
Southern Arc Minerals – Valuations for Selodong

February 12 2009
Guest Article
The Obama Stimulus:
All Porked Up and
Nowhere to Go

Gabriel Gray

December 27 2008
Canadian Crisis?
Give me a Break!

December 23 2008
Wheel of Misfortune

December 16 2008
Metal Markets?
Go East Old Man!

November 29 2008
You can get it wrong and still you think that it’s all right

October 31 2008
Winners and Losers

September 19 2008
The Indonesia Factor, or… Can’t see the Forestry for the Greed

September 10 2008
Survey Reports
Impact Silver Corp (updated)

September 9 2008
Survey Reports
Silvermex Resources

August 6 2008
Survey Reports
Oroco Resource Corp.

July 15 2008
Southern Arc and
Canada Nickel

July 10 2008
Guest Article
I May Be Drunk, But You're A Nincompoop.
Gabriel Gray

June 20 2008
The TSX Venture Exchange: Fire in the Hole!

June 16 2008
Pediment readies itself for a major step forward

June 10 2008
Survey Reports
Puma Exploration

June 4 2008
Toolbox:
Mining Company Survey Form

June 2 2008
Run fast, run far!

May 30 2008
Survey Reports
Tarsis Capital Corp.

May 30 2008
Survey Reports
Impact Silver Corp

May 27 2008
Survey Reports
Dajin Resources Corp

May 26 2008
Engagement is Everything!

May 26 2008
Guest Article
A Case Study in Due Diligence: Southern Arc Minerals
Omar Boulden

May 22 2008
When the ‘fan club’ wins,
due diligence loses

May 22 2008
Survey Reports
Garibaldi Resources Corp.

May 21 2008
Survey Reports
Grenville Gold Corp.

May 20 2008
Insider Holdings Summary Reports

May 12 2008
Guest Article
The Zoo Needs More Animals
Gabriel Gray

May 8 2008
Mineral Mining and Exploration Companies on the Venture

May 6 2008
Insider Trading Summary Reports

May 6 2008
British Columbia Securities Commission List of Disciplined Persons

May 5 2008
Insider Trading – Transparency for Lay Investors?

April 28 2008
Would you like some fries
with that investment?

April 24 2008
Southern Arc Minerals Inc.
Survey report

April 23 2008
You say you want a revolution…

April 23 2008
Rare Element Resources Ltd.
Survey report

April 17 2008
Such stuff as dreams are made on… a teaser

April 17 2008
Guest Article
Let's call it the LIE-BOR
Gabriel Gray

April 16 2008
Guest Article
Inflation vs. Hyperinflation
Gabriel Gray

April 9 2008
Hard Rock Miner’s Handbook and Rules of Thumb

April 8 2008
An Introduction to Geology and Hard Rock Mining

April 5 2008
So you think you can geo?

April 4 2008
Southern Arc Minerals Inc.
Toss a Pebble in a Pond

April 3 2008
Required Reading
Exploring Geology

March 31 2008
Guest Article
What if it's not a bubble? – Bubbles past and present
Gabriel Gray

March 28 2008
If it’s neither informative nor entertaining, what’s the point?

March 25 2008
Guest Article
Gold + Money Supply =
A Tool for Gold Analysis

Kim Brasington

March 24 2008
Rare Element Resources Ltd.
Preliminary Report

March 24 2008
Insider Trading Tutorials

March 16 2008
Pediment Exploration Ltd.
Site Visit Report

March 14 2008
Southern Arc Minerals Inc.
PDAC Workshop

March 13 2008
Toolbox: Cubing the Hole

________________________

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Critical conversation

July 20, 2011

Part I – Life is a meandering journey punctuated by critical conversation.

In December 1983, I spent a wonderful evening enjoying the hospitality of a family in Moscow. The table was laid out with a spread clearly beyond the means of this family. Cold cuts, cheeses, caviar, champagne, and of course, vodka.

Our host, Misha, spoke a broken English but made great efforts to include me in the conversation and to make me feel welcome. Dinner was interrupted several times as he reached for his guitar and introduced the next song. “Kevin, this is a song about life. This is a song about love. This is a song about… a woman!” His two young daughters continued to gobble down the table treats with eyes a’bulging, and I sat patiently as he sung for me in a language I still don’t much understand. Our meal was thus interrupted several more times, each new song introduced in the same fashion. Life, love… and a woman!  I guess some things are the same the world over.

After dinner, his daughters entertained us with dance, acrobatics, singing, and the piano. Conversation was not small talk, as we so often experience on this side of the pond. The fate of the world was held in the balance as we spoke at depth on major issues of the day. A more expressive experience you won’t find.

I can say without hesitation that the attention we received that evening has remained unmatched by any of my experiences since. I was truly touched. Perhaps more so because, to that point, my picture of the Russian people had been framed by the 1972 Canada-Russia hockey series. I remember well that, after the Canadians scored a goal, mayhem ensued both on and off the ice, but when the Russians scored, they seemed to just turn around and skate back to centre for the next faceoff. To me, they were the ‘icemen’, an emotionless, rather inexpressive sort. Little did I understand. That crew, the Red Army team, was highly disciplined and trained to work like a machine. Moreover, the risk of being relegated to some isolated salt mine in Siberia with a series loss must have weighed heavily on them.

In any event, I mistakenly projected that faulty impression on to the Russian people as a whole. So young… so much to learn. Having married two Russians, I can tell you now that there is nothing at all inexpressive about this people.

Late into the night, Misha escorted us downstairs to hail a cab. It was a bitterly cold night, one of those times when you can feel and hear the snow crunching beneath your feet. Yet, he lingered while we waited for a taxi to discover us, and we continued our conversation. A bridge engineer by trade, this man, whom I had never met before, embraced me warmly and with his hands on my shoulders, his final words were (and I’ll never forget this), “Kevin, tonight, we have built a bridge. I wish in my heart of hearts for the leaders of the East and the leaders of the West to have such opportunity.”

What more is there to say than that? Break bread with a man and he is no longer a faceless enemy, hidden behind a mask.

To this day, I consider my evening with Misha and his family to have been one of those critical conversations in my meandering journey. Critical, in that it has prompted me to engage people. To listen better… and importantly, to hear… with a hope to understand.

Part II – “Have I reached the party to whom I am speaking?”

From George Bernard Shaw, “The biggest problem in communications is the illusion that it has taken place.” Too often, we listen from our own ready-made framework of what is and should be, and as a result, miss what is being said. We hear what we want to hear.

As a case in point, I offer up the online discussion forum for Southern Arc Minerals, hosted by Stockhouse.com. Perhaps mistakenly, I’ve always been of the impression that the purpose of this forum is to engage other people in intelligent conversation on the topic of Southern Arc Minerals. Once upon a long time ago, the forum did serve as an excellent meeting place for investors looking for information, insights, and leads to new sources for better understanding of this investment. This is no longer the case. One of the obstacles to success on this account has been the anonymous format of the online discussion forum. It’s so easy to forget that there’s another human being on the other side of the conversation, and way too easy to toss barbs when one might otherwise have been restrained.

This mask of anonymity has never served intelligent discourse, in my view.

From the point of my introduction to this forum, I’ve never hesitated to identify myself, and to invite off-board communication. The result of this has been: the establishment of countless new relationships, friendships not otherwise available to me; this website; and a wealth of new information, insights, and leads. The result has also been a flood of new ‘critical conversations’ not otherwise available to me. This would include a phone call from Bob Moriarty of www.321gold.com in August 2007. Say what you will of the man, that call introduced me to Southern Arc president, John Proust, and for that, he has my sincere thanks. I can’t count the number of critical conversations that have followed that introduction.

I’ve had off-board connection with more than 100 people invested in Southern Arc, and have met more than 60 of these people face-to-face. I’ve had the pleasure of introducing many of these people to other investors, resulting in a veritable community of Southern Arc shareholders. I’m serious when I call this a community. I suspect that what this Company enjoys in community is unlike any other ever experienced by a publicly held company.

Bob Bishop once described it to me as a borderline cult. That may once have been the case, but it is no more. Instead, it has devolved into a schizophrenic morass of mental masturbation. One person, adopting multiple aliases, has declared himself Jesus, Buddha, and Krishna (curious that he hasn’t included Allah in the list), and won’t let go. Every time someone tells him to shut up once and for all, he responds as if they’re telling him a joke, answering, ‘that’s a good one!’ In other words, the forum is stricken with a village idiot. He loves the attention and can’t get enough. The Osmond Brothers claimed that one bad apple doesn’t spoil the whole darn bunch. Unfortunately, in some cases, that’s just not true. Conversation among posters hiding behind the mask of anonymity is already fragile enough without babbling nonsense coming into the picture. If you’ve ever been in a crowded swimming pool when somebody tossed in their young child without a diaper, you know what I mean. Everybody out!

The conversation has continued, mind you… just not on that forum, and much diminished in the number of participants. What once was a collection of more than 300+ posters and lurkers has fragmented into disparate small groups of off-board investors, discussing the Southern Arc investment among themselves, but to no benefit of the many now lost in a barren purgatory.

The people who have made the greatest contributions to this conversation are mostly self-employed, self-made, detail-oriented, engaged, and engaging. Witnessing the devolution of the forum, however, these people quietly made their way to the exit. Simply put, this is just history repeating itself one more time. Quality attracts quality, and the best will always step off to the sidelines to engage one another and to win on their own. Having already established off-board relationships with other like-minded investors, they merely re-situated themselves for continued productive conversation, absent the deranged divinity.

Innumerable attempts to reason with the village idiot have failed miserably. Either he cannot understand or just doesn’t care. Whatever the case, he cannot be reached.

I can’t speak for women, but think it’s true that men don’t acquire more intelligence with age. What you’re given is what you’ve got. One can only hope that as testosterone levels subside, what little intelligence we do possess is allowed to play a more active role. Hope, unfortunately, is not a strategy, and most of us have neither the time to waste, nor the inclination to muddle.

Part III – “Hope springs eternal in the human breast.”

… or maybe I need to grab a stick of bread and book a flight to Wisconsin. Or maybe a rolling pin… oh… http://www.youtube.com/watch?v=V3FnpaWQJO0

 

Foolishly yours,

 

Kevin Graham

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