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Absolutely true, SRSR is the true long-term play.
Quest, however, could have been my ticket to get through the next 6-9 months... in Brasil...
If "They" will just let this run up for a few days, maybe it can be a deposit on that dream until Sarissa is in production too...
Anyway, just continuing to watch and wait...
Cheers,
ThegoodlifeGeo
And Yes, Great Work Texas!!! Thanks for getting all this Great info together!
All these numbers you have come out with today are fantastic...
Some new investors need to see your posts and start to believe in SRSR as much as we do...
I think once they announce Drilling has started and give us the AF info, people who are waiting will jump in and we will finally get a PPS uplift.
Cheers,
ThegoodlifeGeo
Not to get off the SRSR subject, but did anyone stay with Quest Minerals? (QMNM) Opposite story with them, PR came out today stating Production has started and it soared to almost .05 before settling at .0339 for the day (up 42% from yesterday's close) on volume of 133,921,767.
The jury is mixed, but most of the regular posters on QMNM seem to think it will go up again tomorrow & Friday.
Link to news release:
http://www.reuters.com/article/pressRelease/idUS182426+09-Jul-2008+PNW20080709?symbol=QMNM.OB
I hate to say this, but I wish now I had discovered QMNM at the same time as SRSR and I would have about equal shares in both now...
As it is today, I only have about 1/5th the shares in Quest as in Sarissa.
It looks like there was some profit taking at the days end, but the news of "Production" should carry through for a few days IMHO.
Cheers,
ThegoodlifeGeo
Did someone laugh at you???
Laugh Back!!! (once SRSR stock has gone to the moon they will all wish they had stuck it out)
OK, so this one is not a short timer stock...
If you make your money on trading daily or weekly, this may not be your stock.
It may be sometime next year for the really big money to come in, but I still beleive when Cores are drilled and reserve estimates are done, the PPS will skyrocket...
That is what some people are waiting for to start investing. I know some of them here are waiting for these estimate reports. I spoke with one today who said he will jump in when drilling is going... He is not a small investor in anything and long term only...
I hope they pick a driller soon and get it going... If they were here in Colorado I could recomend a few, but I do not know any in Nemegosenda...
Cheers,
ThegoodlifeGeo
I was just up at the School of Mines today...
I have taken classes there for years. I wonder if I could go find the archives of this study and get copies of everything.
I think I will check this out next week when I go up.
Overall an interesting day. I Love this new Blog Site!!
I wish we could get an uplift from these PR's.
Can anyone still not believe in this???
There really was some great info here today. Both from the PR and the great people here on this site...
If ever a group of investors deserved an uplift it is This Group! Yes?
In the past month or so these few people at Sarissa have:
Bought the claims and staked the claims adjacent to the land.
Obtained offices and other space in Chapleau.
Worked with construction crews to open the roads to the entire site.
Spotted all the holes for the initial drilling program.
Worked with all historical data available to them to digitize all this data and are continuing to work on the 3D maping of this site.
I know there have also been many meetings with various entities on a wide variety of issues from financial to actual mining operations.
More on everything will follow.
We all hope that more info comes soon.
We all also wish all the luck in the world to the good few people at Sarissa doing all the hard work as we wait for more news... (Wait!!! Waiting is hard work too!!!) lol...
Cheers,
ThegoodlifeGeo
"The only victories worth anything are those achieved through hard work and dedication."
-Henry Ward Beecher
Hi All,
First, Thank You AngieM for posting the PR...
I would not even seen it as my outside email seems to be down today and internet access has been up & down too...
I agree with pretty much everything being said today.
One thing I noticed right away though is Scott's name was not mentioned (like in the June PR). This appears to be a PR from Lorne & Dr. Cam more than Scott himself like the last PR was.
Maybe Scott will be coming out with another PR soon to talk about things that were not mentioned here like financial news???
Ontareeo pointed out The addition of 'Rare Earth' to the prospect list is a great thing... It means they are more certain than ever that they have REE's and to actually bring up the levels that may be present '0.29% yttrium oxide, 1.61% cerium oxide, 0.76% lanthanum oxide 0.62% neodymium oxide, and 440 ppm europium' is interesting too...
A recent and very interesting article on REE's in the Modern World just published on June 18th, 2008:
http://www.dailyreckoning.com.au/rare-earth-elements/2008/06/19/
Highlights of the mentioned REE's:
Lanthanum - is a strategically important rare earth element due to its activity in catalysts that are critical in petroleum refining. By one estimate, lanthanum "cracking-agents" increase refinery yield by as much as 10%, while reducing overall refinery power consumption.
Yttrium - almost every vehicle on the road contains yttriumbased materials that improve the fuel efficiency of the engine.
Cerium - is critical in the manufacture of environmental protection and pollution-control systems, from automobiles to oil refineries. Cerium oxides, and other cerium compounds, go into catalytic converters and larger-scale equipment to reduce the sulfur oxide emissions. Cerium is a diesel fuel additive for micro-filtration of pollutants, and promotes more complete fuel combustion for more energy efficiency.
Europium - is also used in fluorescent lighting, which cuts energy use by 75% compared to incandescent lighting. In the medical field, europium is used to tag complex biochemical agents which helps to trace these materials during tissue research.
I think the biggest things to come out of today's PR were we are now Owner's of the property, not just squatters anymore. These loan terms are fantastic (Zero Interest Mortgage!) and also that it is payable from January 2009 to January 2010 is interesting. That means, to me anyway, that Sarissa believes it will be able to pay the loan balance of $305,000 in one year...
Also that they staked claims to the lake itself so no one could come in later and stake claims to any part of this project. There were some cases where this has happened. In one case there was a mining company who had nearly the entire area around a lake staked out, but not the lake itself. Another mining company came along and waited for 'company A' to build roads and such to get to the area surrounding the lake and 'company B' then staked claims to the land under the lake. They were denied access initially to their claim by 'company A', but the Court's backed company B saying that "Reasonable access must be granted so 'company B' could access their claim. Company A had to share their roads (that they paid to build) with the other company and lost all the revenue for the minerals under the lake.
A very costly mistake and Very Smart that Scott & Company thought of this.
Mining under Lakes is done a lot in North America. There are some Very Big mining operations under the great lakes, I've been involved with a few like this one:
http://www.geophysical.com/Documentation/Case%20Studies/GSSICaseStudy_MortonSalt.pdf
Lateral digging for whatever is under lakes is done now, as nennwert pointed out, as new technology comes out to get at minerals that at one time could not be reached.
They are also now saying that the Zone D Niobium block is probably deeper than thought before. Deeper=More Niobium=More $$$$
I also like that "Space for a site office, as well as facilities for drill core work and
storage in Chapleau have been leased." They have come to stay for a while…
Anyway, I think this is just one more series of steps and that everyone here talking about how much this material could all be worth is right... We have only just begun to realize the potential for this property. It is going to take a while longer to get the cores drilled. I would have also liked news that drilling had been started, but it has to start soon. How many companies could there be in contention for this work? I would not think they would have gone out to bid from more than 3-4, but maybe they are trying to get the best bids for all the drilling in before starting anything? That means not just these first drills, but the Reserve estimate drilling as well, which is much more costly.
Need to wait a bit more and once drilling starts we get more info. I have to believe it will start soon...
Cheers,
ThegoodlifeGeo
"Future. That period of time in which our affairs prosper, our friends are true and our happiness is assured."
-Ambrose Bierce
I was thinking something similar...
-------------
Looks like everyone is out that wants out.
-------------
I think some people wanted a bit more instant gratification on this one over the past few months and got out when they thought it was not going to happen. I cannot blame them, many people do not have the $$ to hang around forever, plus the prices of with Gas, Food and just about everything else going up, some people have had to make tough choices in investing these days...
The PPS just sort of sat around as news was scarce. Scott & Co are not into PR's without real news, this much we know, so it just hovered around for a while...
I am thinking things will push up for a while as real work begins and new people start to get into this.
It will be nice to hear what is happening at Nemegosenda direct from the source.
Looking for good things all week and beyond... New highs perhaps?
Cheers All,
ThegoodlifeGeo
"Don't be afraid to take a big step. You can't cross a chasm in two small jumps."
-David Lloyd George
Exactly! Well Put...
There are many reasons Not to put out too much info to the general public while they are in the stages of just getting things into place.
People may think you are just pumping is one of them and Scott appears to hate that...
There really has not been much to say.
They went up a few weeks back to start marking spots for drilling, but until they actually start drilling and have some cores to send to the lab what could they say?
I, too, would love to have more frequent info, but what info can they give at this point? I do not want fluff PR's.
This is also a very small company. If Scott is up working with people onsite and if he is the only person authorized to released info, then we will not get anything until he is ready to give...
I, personally, think we get some info very soon, but I also think that they will start providing more info, more often once results start coming back from the Lab. That is when the real fun starts...
They need new Cores, then Lab results, then reserve estimates, then they go down whatever the path they choose to get the stuff out of the ground.
As always, JMHO.
Cheers,
ThegoodlifeGeo
"Nothing we achieve in this world is achieved alone. It is always achieved with others teaching us along the way."
-Lee J. Colan
Hi All,
I sent an email to everyone at SRSR wishing them a Happy Canada Day. What I hear back from Sarissa is they have all been hard at work onsite for the past few weeks. Things are going very well and they will try to update us soon.
"Today is a good day to Buy"
OK, The real saying is 'Today is a good day to die', but I do not like that version...
I am thinking of Buying today or tomorrow morning... Might be good if you are considering buying more.
JMHO - Do your DD first!
Cheers,
ThegoodlifeGeo
"Shoot for the moon. Even if you miss, you'll land among the stars."
-Les Brown
I was catching up on the past few days of postings to this list and saw many interesting posts.
First was this one. When I read it I instantly said "No Way".
I know people at MSHA, so I emailed one of them with this post and some questions and received these responses:
Question: My understanding is that no one in MSHA will directly answer questions of a private individual regarding on-going investigations or any matters relating to active mines. Is this correct or not?
Answer: MSHA field personell are only allowed to answer direct questions from Federal, State or Local officials, representatives from the Mine itself and other mining safety persons. They are not allowed to give any answers, nor would they even know the information this person alleges, to a private individual.
Question: Would MSHA have direct 'Timeline' information as this post supposes? (Stating a 1-2 month delay?)
Answer: No one in MSHA would have or even if they did, give any information like this to anyone over the phone. They would not, in fact, even talk to a person over the phone with information like this even if they had such information.
Question: How does MSHA provide information to the general public?
Answer: When MSHA receives questions from the general public, they are handled through official means, not phone calls. We investigate all matters thoroughly and use written reports, which are posted to our website in a timely manner.
Another problem is there is no such person as "director of mine saftey of msha in Pike county"
There are Distict Managers and Managers in MSHA locally but no Directors in the field. The Director level position are all at MSHA HQ in Arlington, Virginia.
This information apears to be totally fabricated.
Cheers,
ThegoodlifeGeo
"'He means well' is useless unless he does well."
-Plautus
Evening All Good SRSR People Everywhere-
My work trip to South Africa has been postponed until September, so now I am looking to take 2 the first weeks off in August.
I would fly from Denver to Boston (family in Mass) and drive up to Canada.
I have friends in Montreal and after a few days rest there, I was thinking of driving up to Chapleau to check out Nemegosenda.
I am planning to spend the winter in Brasil, my second home now, so this would be my only chance to see this first hand...
Anyone in New England who has time off in August & up for a road trip?
I have done the drive in 2 days driving from Montreal to Nemegosenda Lake (Chapleau), so that is what I would plan for this. I actually did the drive from Ottawa to Sault St Marie in a day's ride once.
I want to see this Sarissa property So Bad!
If anyone is interested, let me know. This could be a 5-6 day or so adventure...
Cheers,
ThegoodlifeGeo
"History will be kind to me, for I intend to write it."
-Sir Winston Churchill
And I will say again.
You have No Reason whatsoever to believe that the information in the Hawkins Report is not correct.
I believe the Hawkins report is accurate since there is nothing coming from anyone in Sarissa to say otherwise.
Since it would be extremely bad for Mr. Hawkins if he published a report with inaccurate information, he would go to any lengths to ensure his information was correct.
I also believe that Scott and others at Sarissa would have carefully reviewed the Report before allowing it to be published to the world, that any potential inaccuracies would have been caught before it was released.
Why are you posting that his report is wrong?
I think I know the answer...
You obviously do not really know anything or you would simply say so.
I also sent these postings to everyone at Sarissa.
What you are doing by making these accusations is slander against Mr. Hawkins and unless you have some proof of what you are claiming, I would stop if I were you.
ThegoodlifeGeo
"The object of the superior man is truth."
-Confucius
So it's Happy Canada Day to all up there!
I guess that means no drilling work today???
I guess we can give Sarissa and the drilling company the day off, but Back to Work Tomorrow!!! (Just Kidding...)
I also saw that BC instituted a new Gas Tax that started today...
http://www.cbc.ca/canada/british-columbia/story/2008/06/30/bc-carbon-tax-effective.html
Interesting that they would do this on their biggest national holiday and a day when thousands of people will be out there on the roads on their annual holidays and such...
Oh, I see, That's why they did it today... Hummmmm
Good thing they are in Ontario...
Cheers All,
ThegoodlifeGeo
"Make three correct guesses consecutively and you will establish a reputation as an expert."
-Laurence J. Peter
First, you do not know, you are just guessing...
Second, if you start putting words into Scott's mouth, you better beware of a nice letter from Sarissa's Lawyers.
After I started some actions against someone on Yahoo last month, I received a letter from Lorne last month that stated that Scott & Sarissa would persue slander through legal means if necessary.
Scott is Not "pissed" at Mr. Hawkins and Any rumours stating this are False. As far as I know, quite the opposite is true in fact. Scott was very happy with the quality of Mr. Hawkins report.
He was commisioned to perform a 'Preliminary Analysis' of the site, which he did in a very thorough manner. If anything, his report was a bit cautious and leaned towards the side of understating things rather than overstating.
My understanding is that Scott wanted it this way.
Spreading rumours like this is totally counter-productive to all...
I still and will continue to believe only the facts coming out of Lorne, Scott or Darrin at Brass Bulls for truth. We can speculate in a Positive or at least Responsible manner, but otherwise opinions that are just negative should be confirmed before such public postings as this...
IMO
Cheer All,
ThegoodlifeGeo
"Good, better, best - never let it rest - till your good is better - and your better best."
-John Furphy
LOL
That would the one they do not talk about much "Evil Keevil"...
But I'll bet he would make a good Miner (if he existed...)
Risk Takers do well in the industry!
Cheers,
ThegoodlifeGeo
Good Evening All-
A post about Sarissa Resources (SRSR) and their CEO, Scott Keevil.
Since some newer people know nothing about the Keevil Family, here are a few facts about these men and the legacy we are talking about:
Norman B. Keevil - Phd from Harvard University and post doctoral work at MIT.
Discovered the Temagami Copper Mine Canada.
http://www.mining.ca/halloffame/english/bios/keevil.html
Has a University named after him:
http://www.mining.ubc.ca/
Help found Teck Corp. (now Teck Cominco)
http://www.teckcominco.com/
Norman B. Keevil (II) - Chairman of Teck Cominco TECK
http://www.teckcominco.com/Generic.aspx?PAGE=About+Us+Pages%2fDirectors+%26+Officers+Pages%2fDirectors+Bio+Pages%2fNorman+B.+Keevil&portalName=tc
http://center.spoke.com/info/p6IjDeM/NormanKeevil
Scott Keevil - CEO Sarissa Resources
http://www.sarissaresources.com/pages/management.php
There is also:
Norman B. Keevil (III) - Director, Teck Cominco & Vice President Triton Logging Inc. (underwater harvesting company)
http://www.teckcominco.com/Generic.aspx?PAGE=About+Us+Pages%2fDirectors+%26+Officers+Pages%2fDirectors+Bio+Pages%2fNorman+B.+Keevil+III&portalName=tc
Miners & Field Geologists who specialize in mining spend their whole lives outdoors in some of the harshest conditions and may not all be pretty, but I will take hard-working to just another pretty face any day of the week...
With the prices and demand for these raw materials that Sarissa has in the ground with nowhere to go but up, it is just a matter of time and let things happen.
I almost wish I could time warp to one year from now and be done with it...
Cheers,
ThegoodlifeGeo
"You don't have to be great to get started, but you do have to get started to be great."
-Lee J. Colan
Since some newer people know nothing about the Keevil Family, here are a few facts about these men and the legacy we are talking about:
Norman B. Keevil - Phd from Harvard University and post doctoral work at MIT.
Discovered the Temagami Copper Mine Canada.
http://www.mining.ca/halloffame/english/bios/keevil.html
Has a University named after him:
http://www.mining.ubc.ca/
Help found Teck Corp. (now Teck Cominco)
http://www.teckcominco.com/
Norman B. Keevil (II) - Chairman of Teck Cominco TECK
http://www.teckcominco.com/Generic.aspx?PAGE=About+Us+Pages%2fDirectors+%26+Officers+Pages%2fDirectors+Bio+Pages%2fNorman+B.+Keevil&portalName=tc
http://center.spoke.com/info/p6IjDeM/NormanKeevil
Scott Keevil - CEO Sarissa Resources
http://www.sarissaresources.com/pages/management.php
There is also:
Norman B. Keevil (III) - Director, Teck Cominco & Vice President Triton Logging Inc. (underwater harvesting company)
http://www.teckcominco.com/Generic.aspx?PAGE=About+Us+Pages%2fDirectors+%26+Officers+Pages%2fDirectors+Bio+Pages%2fNorman+B.+Keevil+III&portalName=tc
Miners & Field Geologists who specialize in mining spend their whole lives outdoors in some of the harshest conditions and may not all be pretty, but I will take hard-working to just another pretty face any day of the week...
With the prices and demand for these raw materials that Sarissa has in the ground with nowhere to go but up, it is just a matter of time and let things happen.
I almost wish I could time warp to one year from now and be done with it...
Cheers,
ThegoodlifeGeo
"You don't have to be great to get started, but you do have to get started to be great."
-Lee J. Colan
Wife...
Here is the link I found:
http://www.razorpages.com/detail.php?authrid=153&osCsid=d8635b88fa20e680149425284aca2060
We now also know they like dogs... 'Current mutt' : "Harley"
Cheers,
ThegoodlifeGeo
I do not agree. In some cases this may be true, but that is generally in a stock that does not have anything going on at that time, or a stock that went up on fluff MM moves and not on valid, real information or news.
This is not the case here. We know there is current activity, we know what that activity is and how close this mine is to production.
I would expect a pretty healthy run when they announce full production...
All IMO.
---------------
70-baggers generally take months to consolidate...first support is at 0.015 and I'd expect a bounce from there..but I wouldn't expect any huge runs in the next few months
---------------
I also noticed a few posts last week talking about the Steelguru website and why the apparent Date for a report was off. Some thought it was a typo.
It is actually because the Date at the Top of the pages on the steelguru website is always 'Today's Date', not the date of whatever report you are viewing...
MSN Money's page for QMNM:
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=PZ&date=20080625&id=8825444
I wish I were closer to this mine to go see it and get a first hand view...
Cheers,
ThegoodlifeGeo
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
-Aristotle
Not Likely...
That 6.5 million share buy order at 4:12 is going to make buying interesting in the morning...
I dropped an order on this too and it will be fun tomorrow to see what happens. Do not know if mine will be filled or not...
------------
"So is this going any lower at opening"
------------
Good luck and do that DD...
Cheers,
ThegoodlifeGeo
"Doing the best at this moment puts you in the best place for the next moment."
-Oprah Winfrey
You and me Both brother Tex...
So people have probably wondered about some of what was stated today by E. Hampton:
"Everett Hampton, President of Whitestar Mining, LLC., stated, ``Upon review of the mine maps, all rehabbed areas should be 100% complete pending no major complications by early next week. We are at a point now where we need to repair and touch up our equipment so that we can meet the expected production goals of 1,200 to 1,500 tons per day as determined when we first took on this project. We have accomplished what other contract miners have avoided for the last 5 years. It was not easy or inexpensive, but it's ultimately nearing fruition."
First, everyone here on this board in the mining business knows that keeping "The equipment repaired and touched up" is a never-ending process in mining and just part of the deal...
A very harsh environment (mining coal especially) and the continual process of keeping everything running well is really in the daily life of everyone. Miners are without any doubt the most Maintenance & Safety conscious people I have ever known... Their very lives depend on all being in as good working order as possible and they take it so seriously and are always watching out for issues... and each other...
There appears to be a very good expertise level at Quest, so it is just a question of time to let things progress and continue towards production...
Still think this is very interesting this company...
All IMHO, so DD all...
Cheers,
ThegoodlifeGeo
"Before anything else, preparation is the key to success."
-Alexander Graham Bell
Hey Tex, did someone from another infamous board start posting here???
Still on the fence about Quest M&M, but I (like so many others) did buy some last Thursday...
Think this will be another long term one for me.
Did not cost that much and there is some very good potential here.
The posts are pretty one way or another, but if the management can keep it together and stay on the schedule they have stated, then they should do well. Coal is without any doubt a huge commodity that can only get better...
Along with so many other things, it is being driven by the China economy and (I have been there several times) and it is going Nuts... The need for all kinds of Metals, Coal and REE's is so totally out of control in China right now and there is no end in sight...
The rest of the world (despite the current economy) is also surging and hungry for more of everything and not likely to stop in this direction.
Others here have pointed out that the need for Coal is at an all time high in the US and worldwide and that will not change.
As always, DD is key but it looks like the next 6 months will be interesting here...
Cheers,
ThegoodlifeGeo
"Patience is also a form of action."
-Auguste Rodin
"They" Always seem to know something we don't...
Why is that anyway?? lol...
We need to find someone with a really good crystal ball...
Or maybe someone needs to drive up there and see things first hand...
Hey, at least it's up today!
I am hoping that if they did go up last week and started marking hole spots that the drilling can start right away...
Trolling around for interesting news or relevant info...
Just some background stuff.
Niobium:
http://www.grandviewmaterials.com/niobium/industry.html
http://www.referencemetals.com/pages/niobium_applications.html
Tantalum:
http://www.grandviewmaterials.com/tantalum/industry.html
http://www.webelements.com/tantalum/uses.html
I also find it really hilarious how some websites that have good information also have some Very Old information.
Like this one has great info:
http://www.webelements.com/niobium/uses.html
But notice that one of the "uses" was stated as :
"It is used in advanced engineering systems such as those used in the Gemini space program."
The Gemini Space Program????? Funny...
I found a lot of articles referring to the need for much more Tantalum & Niobium for products ranging from Cell phones to new battery technology and the auto industry. Green products too... China seems to be the biggest market...
Keep the Faith...
Cheers,
ThegoodlifeGeo
"No one has the right to destroy another person's belief by demanding empirical evidence."
-Ann Landers
OK, one more for the SRSR Team...
Texas Ripper Rocks too...
Cheers All,
ThegoodlifeGeo
"A man should choose a friend who is better than himself. There are plenty of acquaintances in the world; but very few real friends."
-Chinese Proverb
Sarissa is going to be fine for all of us...
I think most of us still believe in Scott and the Team he is assembling...
Some of us may go nuts waiting for this to happen, but that is the price of being Rich in the end...
I also just wanted to mention to everyone that they should check the Ban List...
I cannot stop myself from smiling...
I also wanted to say that Goforthebet Rocks!!!
He comes on here every day and posts something Positive and I truly appreciate it...
Maybe some Photos and an Update later in the week??
I would even settle for Next week if they are all still busy onsite. A Nice July 4th present?
Cheers,
ThegoodlifeGeo
"Happiness often sneaks in through a door you didn’t know you left open."
-John Barrymore
So where do you long termer's think this is going to end up???
will it go over .1? .2? .5?
Looking for another place to put some cash...
Thanks for anything you have...
Cheers,
ThegoodlifeGeo
You know I have been watching the buys/sells today and really interesting things...
From 1:00 - 1:45 there were 10 buys, the last one 100,000 shares.
The PPS just stayed were it was. I would have thought it would climb a bit with 10 straight buys...
3 few very small sells after this and then another 3 buys including another 100,000.
This started the upticking and it went to .024.
Then someone shorted 400,000 shares at .0225 (I guess I still will never really get this! After all money is money...lol) and the PPS went back to .023
Then another smaller sell this time at .024 and the PPS goes right back to .024
Another few small buys and sells, including one sell of 100 shares at .025 and the PPS stays at that .024 level for the end of trading...
I find it interesting that the big sell did not trigger a downturn that lasted... I guess some MM is not too happy at the moment... LOL
End of a pretty much non-event week...
Picked up a few more shares when it was at .022 at the ask price of .023 just for fun...
To have another $50,000 of dry capitol and spend a few days buying blocks of 100,000 - 200,000 shares every 20-45 minutes or so... Would be fun just to see what happened... Keep raising the bid price by .001 each time to see the reaction...
Hopefully the "Hole Spotting" goes well this weekend and drilling simply starts.
Maybe by next week we get a 4th of July Present???
Like a Photo of a Drill Boring a nice Big Hole into the ground??
Please Mr. Keevil?
Cheers All and have a nice weekend...
ThegoodlifeGeo
"We make a living by what we get. We make a life by what we give."
-Sir Winston Churchill
Dick, You should first read through the last releases on the SRSR website, then the Ibox and if you want some specifics you can ask.
There is tons of information on this website including details of emails from Sarissa and questions/answers from many of the board members like Seabreezing, OntarEEo, the 2 Jims, Texas Ripper, Cmzio, Micro Man, Homey_G and many others...
You could also go through the posts from today (most of the key players are posting this day) and click their name to go through their posts for the past few months.
I catch up this way when I am out of town for days at a time...
Good Luck and someone said it before, but All of it is Real...
We will see this take off when:
Drilling is going.
The first Core Samples are tested and info available.
AF's Released.
Uplisting news is announced.
(Not necessarily in this order)
IMHO, By the end of the drilling season we are going to have a much, much different company here...
By end of summer next year all this stuff being talked about now will just be fun to "remember when"...
Sarissa and it's people are in the Preparation stages now...
Later we will all reap the rewards of waiting for them to do this right...
Cheers,
ThegoodlifeGeo
"Before anything else, preparation is the key to success."
-Alexander Graham Bell
Hi Onta... I know you know this, but it is $10-$20 Billion, not Million...
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This is stellar management executing on a sound business plan with $10-$20 million in mineral resources on just one of their properties.
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So I just a nice long email to all concerned...
I will post a synopsis of what comes back.
Cheers,
ThegoodlifeGeo
"A real friend is one who walks in when the rest of the world walks out."
-Anon.
Hi moojer,
Yes, hopefully the first news that comes out is good, but no one that does not actually read it dump their stock because they did not get it... PPS Drops, we all together buy Every Share we can get as they are being dumped.
That way more and more we slowly take over the float...
And we become MM all by ourselves...
It is leagal to coordinate our buys?
Anyway, I am going to buy more tomorrow depending on what happens in the first few hours of trading.
So Cheers All,
And good luck up there picking those best drill spots!
ThegoodlifeGeo
"Believing in people before they have proved themselves is the key to motivating people to reach their potential."
-John C. Maxwell
Hi Onta,
No problem and I Love it when people disagree with me. Kepps things interesting and sometimes makes even more good talk come out of it!
Anyway, I think my points are:
Lets say financials are not really all too wonderful... After all, there were 2 companies before "Sarissa" and who knows what might be in these financials from past companies.
What I want to have a nice phased out approach to releasing the next news that hits...
If Financials are next, I would like Drilling reports to follow hot on their heels. I am a little worried about what the fincials might do on their own.
SO if the Great News of Drilling Reports comes and Assay Reports showing just how rich this mining opportunity really is comes out right out after, with a Barage of news coming all at once and hopfully everyone just sees the Awesome Assay results showing we have More Niobium than we first thought... Oh, and some REE's too just for fun...
That is all I want. An approach to releasing financials that could be not fantastic followed by Assay reports thet Are Fantastic... That's All...
I think either way, we are all rich... eventually...
Cheers!
ThegoodlifeGeo
"Believing in people before they have proved themselves is the key to motivating people to reach their potential."
-John C. Maxwell
You do have a point here...
OK, so how about this.
If they release financials now that could potentially negatively impact the PPS (and I am Not saying they will, but I would rather err on this side than the other... After all most of us thought the Hawkins report would have a more positive effect on the PPS), I think they should time it very close to the release of Big Positive news about Drilling and Assay reports.
No more than one week apart from Financial to Drilling reports.
I know many people like it when the PPS drops so they can accumulate, but I do not want this going too low...
Going too low may force some people out who would have otherwise stayed in. It also does not look so good to the financial world...
I just want to see this finally start to go up to where it should be without any more messing around. I may buy more small pieces here and there, but I am certainly no MM...
Cheers,
ThegoodlifeGeo
"Forget mistakes. Forget failure. Forget everything except what you are going to do now and do it. Today is your lucky day."
-Will Durant
Congratulations to you and your family!!
So I guess your SRSR stock just became a College Fund???
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"Ps Catharine Antonia was born yesterday 8lbs 10oz, ten fingers, ten toes, thank God."
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Cheers!
ThegoodlifeGeo
"A dream becomes a goal when action is taken toward its achievement."
-Bo Bennett
I know I said this in another post, but I really do not think they come out with financials or audit info before some type of results of drilling first (unless the financials are going to show something more than I think, which I doubt).
JMHO, but you have to remember this was Not a brand new company... There was History before Scott took over and brought all the Great Talent into this company.
The financial reports are going to bring everything that is there into the picture even from before Scott took the helm.
I have no idea what this will look like but what they Need is to have Current, Positive, Factual Assay information (and not Assay info from 30 years ago). That will Help this stock no matter what the fianacials look like.
I say Financial & Audit info After Drilling reports and perhaps not even until some of the first Assay reports are in.
Cheers,
ThegoodlifeGeo
"Power (n): The only narcotic regulated by the SEC instead of the FDA."
-Anon.
You know, I do not think it goes this low...
Unless - Sarissa chooses not to come out with any news news until After next week... Since it appears that Scott will be onsite possibly through next week, he may not update us until after next week??
I actually think we climb a little more by this week's end either way... Hopefully...
If new news (like the June 5th update from Scott) comes out between now and the end of next week, it goes up... Probably into the mid 3's or low 4's
If no news by the end of next week, maybe down to this level and (if so) Big Buying Opportunity awaits...
Then news the following week sends it up into the 4's...
It's all just so up & down without the drilling news right now...
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I'll stick my neck out and call the low at .021 based on chart patterns. Probably just a blip or 2 down.
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Drilling is what will send this up the next level.
Assay Reports on those Cores to the next level again.
Financial reporting next, audit results.
News on Uplisting after this.
I still do not think they come out with financials or audit info before some type of results of drilling first (unless the financials are going to show something more than I think)
My buy order did not fill today, so maybe I wait a bit before buying more... See if this is up or down over the next week or so... Save my money in case it does go down and buy more then...
Cheers,
ThegoodlifeGeo
"Capitalism needs to function like a game of tug-of-war. Two opposing sides need to continually struggle for dominance, but at no time can either side be permitted to walk away with the rope."
-Pete Holiday
But you are looking at this backwards...
MM's and/or short sighted Sellers gave Us (we know who "We" are...) Sarissa long investors another buying opportunity today...
I just dropped my bid on bit more a few minutes ago...
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"poor srsr took another beating today..."
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Cheers,
ThegoodlifeGeo
"Knowing trees, I understand the meaning of patience. Knowing grass, I can appreciate persistence."
-Hal Borland
You might have to arm wrestle a few of us first...
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jims406ss said
"I'll buy the float if that happens but we'll not go that far"
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I know people want more news, but everyone keep in mind we are talking about a company of 4 key people right now and only One of them has the say (Scott) on what news is released and when and He is up onsite right now getting things ready for Drilling.
He did release a very nice news release on June 5th.
How many companies issues releases every week? None...
I think we are just in that 'In Between time' where everyone is doing what they are supposed to be doing to get things going on the One Main property and perhaps on the others as well.
I think Scott will be onsite next week as well since the last things I heard were that "Spotting Holes" will be done this week and next week.
Then the drilling...
I would think some type of update will come out at this point, but who knows... One of my friends (who is now into SRSR as well) says they may opt to wait until many holes are drilled and samples are in the hands of the Lab before issuing any more real news.
Unless the Audit results come out first, which I doubt...
Patience and buying more at these Lows is all we need right now...
Hey, if we all start buying at the low points, maybe we can dry up the float altogether and stop all these MM games?
Probably not, but it would be nice...
Cheers,
ThegoodlifeGeo
"The strongest of all warriors are these two — Time and Patience."
-Leo Tolstoy
If you would take the time to Email the company directly (as I do at least 3 times a week) then you would be getting the same information that those of us who are actually Doing real DD are getting.
1. The Roads are all now Cleared and open for Exploration to the Entire site. The work was completed in less time and under what they budgeted for this. All the roads are in sufficiently good condition to accommodate the type of traffic expected. They will continue have to have routine maintenance as needed.
2. The AF's are being worked on and will be released when they are ready, not before.
One reason for Not releasing the AF's without new Core Drill Data should be obvious, but I will emphisis this, they want to show the Value of the Company. They Cannot do this with meaningless AF's, only by provided Reserve Estimates for Niobium and Tantalum initially, then follow this with Assay results for other materials (REE's especially) as they get them.
The true financial results of this company are Not historical, they are what they have at each of their sites;
Deadmoose, Elliot Lake, Pacaud, Timmins and Nemegosenda.
Yes, we only really care about Nemegosenda at this time since this will be their first project.
I have a story. It is about a Company that had Absolutely No Product whatsoever. Just an Idea. A Crazy Idea that people would want to Buy Space on their Website. Why would Anyone want to Do This??? This company started with $100,000 by a few people who had an idea, but no real products... "A Search WHAT???"
The company is known as Google... It is now worth over $23 Billion... They Still have no hard products, just ideas...
We have Niobium, Tantalum and probably a whole bunch of REE's, uranium.... The value of just this one property over the life of mining operations should be considerably more than than this.
Cheer All good Sarissa People Everywhere,
ThegoodlifeGeo
"A mediocre idea that guarantees enthusiasm will go further than a great idea that inspires no one."
-Mary Kay Ash
Good Point Micro, and Not only this, but frankly I could care less about AF's at this point.
What I want more than anything else (in the whole wide world!) is to see that First Assay Report from the initial set of new Cores.
Look at it this way (for those few who keep harping on getting to see AF's); If they publish AF's without Any new Assay reports showing Exactly they have on their first Drilling site, what does it mean???
Nothing... It does not mean a thing...
We already know that the AF's are not going to show anything. It is just being done because they must do them to uplist and that will not happen until they show what they have in the ground.
Hard Numbers from Fresh Cores. That is The most important thing right now for Sarissa.
That is what they are working on.
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af's won't mean anything to shareholders - there were no rev's to show and we all know for a fact that financing has already been arranged - so drilling is not going to be held up.
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The Value of Sarissa is not in old AF data, it is in what they have in the Ground (Niobium, Tantalum, REE's etc...).
Once they start drilling and releasing reports of the findings of those cores, not just from Zone D but new areas outlined in the Hawkins report for exploration, we will know what this first property is worth.
I am certain it is much more than any report has stated to date.
Cheers,
ThegoodlifeGeo
"In wisdom gathered over time I have found that every experience is a form of exploration."
-Ansel Adams
JMHO, But will say this is Extremely Unlikely...
Others can put in there input, but 3 things:
1. Scott Keevil is NOT in this for 50 Million. He has 30 Million Shares (his only reimbursement for his hard work) and is spending an Enormous amount of time and effort in this project. He is from a family worth Billions, so a few Million is not what this is about for him. I personally think Scott really wants to continue to make his own mark on the world of Mining and he will Not do this by selling his Best property for such an absurdly low price.
2. They (Sarissa) have already invested so much in effort and time and will spend much more on this that a very small return like this would not make sense. Some So-Called Mining Exploration companies work this way, but rarely will put this much effort into it.
3. This property is worth SO much more than 50 million + a few % that they all (at Sarissa) know it. With the connections in the mining world that the 3 Top people have at Sarissa, there is little chance they would settle for this.
Keep in mind the Dynasty we are talking about here...
Keevil = Teck-Cominco (Closed 47.08 - 51.59 depending on what exchange you are looking at)
Keevil = The Norman B. Keevil Institute of Mining Engineering at the University of British Columbia (http://www.mining.ubc.ca/index.php)
Just to give an idea of how big Teck-Cominco is, their Pension Plan fund is at about $200 Million...
If Scott were just interested in making a few dollars and moving on, he would not have taken this position.
JMO
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How likely is it that Sarissa sells this property to a mining company for a deal similar to the one they bought it under.
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Cheers,
ThegoodlifeGeo
"I don't know much about being a millionaire, but I'll bet I'd be darling at it."
-Dorothy Parker