Sarissa Resources Inc (SRSR)

[Tar sands]

The suggestion, by some, is that the "Fortune 500 Board of Directors" will bring their own Funding with them if I understand it correctly.

The only way I can possibly see this as real is if this Group somehow believes that the Asset has such great future value that they would proceed to purchase it. If this were to be the case I am not certain as to how the normal Shareholder would benefit in the short to middle term if at all.

I have doubts that a Joint Venture would be viable as Sarissa Management, over the years, has not shown any real acumen for the Business. A Mining JV requires there to be experience and Financial wherewithal on all sides. Sarissa can not offer this type of partnership as it is presently structured.

Furthermore the depth of Documentation, Geological Data, Geological Reports etc are not available for the potential hundreds of million dollar investment that would be required for the type of Individual / Group to consider their involvement. The Reports, provided to date, are rudimentary albeit sufficient, as I understand it, to obtain regulatory approval. The standards for regulatory approval is much lower than what an Investor would require to invest hundreds of millions of dollars.

If an Individual / Group is indeed considering an involvement it would be wonderful. However, at this time, it doesn t seem plausible but stranger things have happened.