Sarissa Resources Inc (SRSR)

[es1]

Not really sure what is funny about that link.
But humor aside I do not see mention of the 43-101 being done in January. I dont see mention of the next step having anything to do with uplisting.

What I do see is a public statement made by the company letting shareholders know what they are currently working on and completed.

The next steps include continued data verification and comparisons with historic records for completion of the updated Technical Report.

This is where we are.

It doesnt say what month the report would be done. It doesnt talk of anything except the next step being to do a 43-101.

We await the report.

When we do get it we will find out if the information gathered is sufficient to give us a resource estimate.

If it is then they will begin looking for financing.

they will begin to do the requirements for a spin out if they decide that they are still going forward with the nio star listing and that stock should be listed on a different exchange,


There will be no "uplisting".

SRSR will hit .0001 and be a shell.

If anything there will be a downlisting of SRSR to the greys because it will be dead.

Niostar should then be able to secure some sort of non toxic financing as long as there is a resource value and small enough share structure to get the PPS over $5.

If not and they try listing Niostar with 500M shares and a tiny resource causing the PPS to still be under a buck the funding will have to come from direct dilution to the market.


This is the reality of where we stand.

The company believes that the 43-101 should give us a resource asset value. They thought that before too.

When the 43-101 comes we will know. And the company will give ALL shareholders that information at the same time.