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Where is Currah gone from this board and what is he up to again?
I remember some years ago you wrote the best way would be if Dan filed a suit on Keevil/Currah, ... after he found fraud. He did not. Theoretically, would it mean better position for SRS shareholders now when Keevil et. al really did that?
It depends whether Pott is still in the game or not. He should have financed or helped with initial financing as announced almost year ago.
Hmmmn So the Lithium $10MM deal to develop the property, pay the trade creditors and SRSR retains 25% CARRIED INTEREST in the Niobium mine was a worse offer the RP Capital's?
It is a pity that Scott and his boys discovered Nemegosenda. At least for us shareholders as we would have never heard of it and him, which would save us our money that are now in Keevil´s, Currah´s and others involved pockets.
It will depend when or if Dan brings some positive news, otherwise it is difficult gor me to expect this temporary stagnation. IMO
So, Swisher leaves. Hmmm. Gets even a bonus probably for a long time extra non performing company, in addition to his salary that has been so generous if compared with companies with similar market capitalization. Shame on him and the Board.
Thief cries Catch Thief...
They have chosen SE zone very likely as they were adviced so, there are skilled men around. We all know, and they admit they are not mining experts. Simple as that. IMO.
Exactly. Cuurrah said in his numerous posts that Lithium Group proposed 25% carried interest. Everybody would agree no doubt. But what Currah did not say is what you described in your post-SRSR would have to agree and pay all shady expenses and services, not speaking that also Currah and his group would demand they should be very likely back in the management saddle. If this is true than there is no wonder Dan and Otto rejected that bid.
No problem for them, they certainly got what they wanted. Next stage, if not being behind the bars, will be setting up another company and they will repeat the same or maybe more sophisticated formulas how to rip the shareholders and doing nothing. Just IMO.
Norman Keevil must really be proud of his son Scott. Pity he does not read the posts here.
Well, again you look to know many details about the Chinese deal. What we miss from Keevil was the simple information WHY THE DEAL FAILED, WHAT HAPPENED WITH SHIPPED SAMPLES and so on? We can just speculate they revealed the shady future costs you and Keevil arranged. Just IMO
It is fairly well likely that Dr. Cheriton has been a skilled expert and did a lot of things in his professional career. But I do not remember there was a one significant contribution from him when being with Sarissa.
You seem to know a lot about the details of potential deal with Lithium Group. Maybe you are right, it could be better, certainly for you and Keevil, but under which conditions-can you specify? I assume with you and Keevil in the saddle, obligation to pay all the fictitious or softly said problematic debts to Currah group, ....
Answering them is like water on a duck' back. These two individuals were born without a pint of character, and IMO are dangerous.
Just a remark that even number of directors is quite unusual, esp. in voting and decision making.
Aaah, the famous "We Eat the World" picture at shareholders expenses...
Easy answer: In their pockets.
Storing the core samples should be paid to anyone, IMO the main issue seems the price agreed by Keevil and Currah for this service in the past. Sure the samples need special conditions. Does anyone know the average market price and the price agreed by the two above mentioned? Why was prefered just Currah with tight relationship to SRSR among certainly more options providing routinely the same kind of service?
Scott Keevil also had very high shareholders´roayalty, that took much longer than he had deserved dispite of very suspicious financial reports with enormous expenses hidden as marketing expenses and so on.
Why do you think that 25 M is not enough? You are denying this figure, so can you prove your statement?
10 M for 75 % interest vs 25 M for 35%.
The parameters of the new deal Dan made seem much better than those you described.
Sad is that the way you described Currah and Keevil,they take as very normal business practices.
Alan, short sales are not a problem here
http://weeklyregister.com/sarissa-resources-in-otcmktssrsr-shorted-shares-decreased-by-71-55/
Hi Tom,
nice to see you here after long years. Still based in Philippines?
My opinion on predictions based on charts with 0-3 trades/day and so low volume like in SRSR case, is they are practically worthless based on no substance. What may drive the PPS up or down are news and their quality. That is what we have been missing and still awaiting.
Out of the little I know about courts, I agree that this was mixing 2 cases and Dan´s action against Currah/Keevil tandem would require what you have described.
How many shares did you add today? Even if all it will not make you rich...
Chlorination/fosgenation may be effective but hazardous and as you said likely forbidden to use. Not sure which yield gives safer alkaline extraction of Nb2O5, maybe that is the way to go, but like you neither I am an expert in extraction methods and legislation.
In fact, this is no news, all has been anticipated. What bothers me that there is so deadly slow progress in Dan´s plans, from any reasons. Anyway, Otto knew that also and yet jumped or is gonnna jump full time (hopelly) into activities linked with SRSR/IGEX/NBTC, so careful optimism stll can be held.
Quite predictable scenario. Pump and dump. The crooks sending bulk emails under thousand fictitious names should be arrested.
Massive pumping via millions of sent emails claiming that this stock is to be a subject of buyout...
Line 1.
On the other hand, Scott Keevil still declares himself as the Chair of SRSR on his Lnkd profile...
How do you know FINRA has declined RS? Link?
The interview was free of charge as far as I know, so no extra expenses spent.
Not sure whether this extraction method has been mentioned here, but IMO, from environmental, health protection and technological aspects it seems the most acceptable of all methods (fosgenation, hydrofluorination, CCl4, H2SO4, KOH caustic melting, ...) with potential high risk, and with pretty high yield Nb2O5/Ta2O5.
http://sourcedb.ipe.cas.cn/zw/lwlb/200909/P020090909608577123244.pdf
How long does it take SEC to proceed the filed complaints on Currah and Keevil, and when can we expect some results of that?
But to be fair, he several times said Keevil should have been fired much earlier. And also replied strongly to Currah´s posts when he wanted to be ES1 supporter in opinions and take him on his side.