Friday, July 25, 2014 11:19:55 AM
Some here seem to believe that we have a company with massive overhead and monthly financial obligations.
Warren Buffet said it best, "price is what you pay, assets are what you get" and in the case of SRSR for less than 2 cents you get partial ownership in property that Gulf Dominion and the Colorado School of Mines shows has millions of metric tons of Niobium. Current price per kilogram is between 40-45 dollars. Shouldn't be too tough to establish a value for SRSR's rocks.
Scott Keevil has established a value that he places on the assets and until someone gives him that value he is going to sit on it, waiting for demand to increase. He has the luxury of doing just that.
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