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Unless you are familiar with writing standards or legal documents the majority of the population simple doesn't understand the true meaning of words like guideline, encourage, may, must and will.
Therefore, whoever is writing the documents you are reading is part of the majority.
These are guidelines meaning, "it would be nice if you follow these rules but you really don't have to."
Nowhere does it say "shall" in the document. Words like encourage, may and must are not enforceable.
Everyone who received their voting package from their broker and who actually voted will be on record with the company as of the October 18/2011 shareholders meeting.
As Kramer_Scarcelli pointed out in a post shortly after the meeting the accountant seated across from him was busy tallying votes.
I guess Scotty has been going through grandpa's notes.
OOPS, I hope it wasn't my tongue in cheek remarks.
Jeez fellas, I'm surprised that no one has run the plates on the Jeep "BMEN 310".
For Scott to spend 11 hours driving 830 km to Chapleau to show a few people around the site and then find time to up date the website with several pictures the very same day tells me that he was pretty excited about this event.
And here I was lazily sailing around on my catamaran thinking Scott was sitting around the Bronte Marina sipping a cold one. But alas it wasn't so, he was working hard in our best interest showing prospective investors our mine site. Snapping pictures with one hand while fighting off wild bears and swarms of hungry black flies with his other hand. :)
Or, they could be from Markham or Scarborough, ON. There are lots of Chinese there.
I would also like to hear your friend's take on Scott's recent dealings with Shining Tree. Where 2 private mining companies both owned by Scott invested in the Shining Tree spin-out when we haven't seen a share of that spin-out.
Giving up 97% (1:35)of a company is a pretty steep price to pay!!!
The radioactive material SlipperyDigit is continually referring to is Thorium. And yes it's present with the Niobium deposit.
Here's an article on Thorium Seductive Nuclear Power of Thor
I had the occasion in March to share a ride to Ronald Reagan Airport with a nuclear physicist from Ann Arbor U after a conference at NIST. He played down the use of Thorium since all the U.S reactors can't use it. Secondly, a Thorium reactor can't be used to make nuclear bombs.
All the Candu reactors here in Canada can use it and China along with several other countries are going to Thorium based reactors.
How's your foot Kramer?
Well, it looks like someone got his tax refund today and spent it wisely.
If there is any shorting going on it's mainly of the "Short and Distort" variety.
Why thank you DSU for your detailed analysis of the article I posted. I came across another similar article awhile ago but forgot to book mark it.
I'm well aware of the Caledonia, ON affair as well of others here in Ontario. It's about an hours drive (76 km) south west from where I live. I hear it's a great place to buy cheap smokes. I have to agree that the North America Natives where very badly treated.
In regard to the discussions regarding the Shining Tree spin out at 35:1 you may want to read the following article.
Benton Receives Conditional Approval for Spin-Out and Provides Business Update
Thanks Nina4900 for the PMs dated 4/6/12.
I found the prices for all the oxides and have already up dated the spreadsheet. If I remember correctly Webpence only wants to see the spreadsheet reflect the niobium and Tantalum prices.
I may just split out the Niobium and Tantalum as 1 spreadsheet and the other with everything included.
Some one else wanted the Gold included from Shining Tree, but there is insufficient information to come up with even a wild guess.
When I get the chance I'll post them. Until Sarissa's share price takes off I still need work for a living. LOL.
Webpence, is this a subtle hint that I should update the Excel spreadsheet?
If so, can you please find the current price for niobium oxide, tantalum oxide, thorium oxide, uranium oxide. I am not having much luck.
The prices you listed are 6 months out of date and may have change significantly since then due to the economy.
Is there anything else anyone would like updated?
It's in Dutch. (Nederlandes)
With all this talk about Sarissa ending up as an empty shell with no value, I have decided to repost my take on the subject from last January.
If you want to know where Scott is going with Sarissa, all you need to do is look at Teck Resources the company his grandfather started. He is most likely using the same blueprint for Sarissa Resources Inc. since this is the business model he knows best and that has proven itself to be successful.
Teck Resources Limited (Teck), formerly Teck Cominco Limited operates in five segments: copper, coal, zinc, energy and corporate. Its subsidiaries include.
1. Teck Metals Ltd. (Teck Metals),
2. Teck American Inc. (TAI),
3. Teck Alaska Inc. (TAK),
4. Teck Highland Valley Copper Partnership (Highland Valley Copper),
5. Teck Coal Partnership (Teck Coal),
6.Compania Minera Teck Quebrada Blanca S.A. (Quebrada Blanca), and
7.Compania Minera Teck Carmen de Andacollo (Andacollo).
The company stats are as follows: (as of Jan. 21/11)
• Mkt cap 34.85B
• Shares 589.62M
• Share price 59.11
• P/E 18.03
• Vol / Avg. 5.36M/2.66M
• 52 week 28.37 - 65.37
From the above structure, you can rewrite the Teck description as follows:
Sarissa Resources Inc. operates in XXX segments: Niobium etc. etc. Its subsidiaries include:
1. Nio-star (Nemegosenda),
2. Shining -Star (Shingtree),
3. Death-Star (Deadmouse) (Tongue in Cheek)
If this scenario plays out as I see it, then Sarissa will be far from an empty shell.
Just my 2 cents!!!
Tom, it's the Thanksgiving long weekend in Canada on Monday the 10th.
Received mine today. Mississauga, ON
You are quite right AlanC.
Never forget that we are at war with those who want SRSR to fail and to steal every single penny each of us has invested.
Here you go:
Ontario ????? (Nemegosenda) niobium Project
Uploaded: 20,100,821
>> Basic
Mineral species: niobium Tenements Type: exploration No.: 5527
Grade: Unknown Reserves: Unknown Address: Canada
>> Mine Profile
Ontario, Canada check Provincetown (Chapleau), 30 kilometers north east of the city.
Exploration, an area of about 9000 acres.
Prospecting permit
? the mine to begin exploration in 1954, a detailed geological and ground magnetic surveys; 1956, completed a total of 68 diamond drilling, a total of 35,306 feet; 1958, the main area of the mine D sampling measurements, the estimated area of 20,000,000 tons of ore reserves, has 0.47% of niobium oxide; the end of 2008, company D, the diamond drilling of the previously reported results of the test, completed 14 holes , which has nine holes in the D Zone mineralization, the presumption of ore resource of 11 million, with 0.46% niobium oxide; recently tested by diamond drilling, the company found an average of 1.8% of niobium oxide .
Transportation
>> Cooperation
Interviews
>> Contact
Contact:
Tel:
Email:
Others: Miss China Wei Mining accounts: 13570526205
Hi Bullrun2004:
You are wrong in saying that no one in Canada can buy SRSR shares. I live in Mississauga, ON and I bought a lot of Sarissa stock this year. Mind you I had to really insist that Scotia McLeod buy them for me.
If you want to invest your RRSP funds in pink stocks then it is against the Federal Government rules.
Apparently, there's a area between Oakville and Toronto known for UFO sightings.
In that case, you had better make sure that you also buy the mineral rights to the property. In Ontario, when you purchase land the mineral rights are not automatically included.
Several property owners found out the hard way when the mining company showed up with bulldozers at their front door.
Maybe we can get one of them to drill for us to see what we have? They are moving their properties forward while we sit.
As the old saying goes, "The squeaky wheel gets the grease".
Does anyone recall whatever happened with this bit of old news?
Converge Global, Inc. Announces Gold Property Joint Venture With Sarissa Resources Inc
Tuesday, 24 Mar 2009 07:03am EDT
Converge Global, Inc. announced a Joint Venture deal with Sarissa Resources Inc on a gold property in Northern Ontario, Canada. The O'Connor Asquith property, residing in Asquith and Churchill Townships consists of 16 claims, approximately 640 acres (1 square mile) and has significant historical gold showings. Converse Global Inc, will earn a 50% interest in the O'Connor Asquith property by paying Sarissa $25,000, and paying Sarissa $15,000 annually for the next three years, spending $120,000 in the next 18 months on exploration on the property, as well as paying Sarissa 3,000,000 Converge Global, Inc. common shares. Sarissa will be the operator of the property.
The Shareholder's Update dated January 11th, 2011 says it all.
Shining Tree
Diamond drilling is expected to commence early in 2011 to test further underground from the area covered by the initial drilling program that had returned encouraging results. An independent technical report will be prepared covering the property. We are also evaluating different scenarios that will allow us to have the potential value of this property recognized, including the possibility of spinning out the property into a separate gold company.
For those that are hoping that Scott will JV with Teck Resource Ltd. to get Sarissa and Nio-Star up and running, I don't think that will ever happen. Why? Because I believe that Scott is the family renegade and wants to prove that he can do it himself. Otherwise, he would have accepted a cushy job with the family business like his father and brother. He is more like his grandfather who started the business.
If you want to know where Scott is going with Sarissa, all you need to do is look at Teck Resources the company his grandfather started. He wants to equal or surpass Teck. Call it family rivalry if you like.
Teck Resources Limited (Teck), formerly Teck Cominco Limited operates in five segments: copper, coal, zinc, energy and corporate. Its subsidiaries include:
1. Teck Metals Ltd. (Teck Metals),
2. Teck American Inc. (TAI),
3. Teck Alaska Inc. (TAK),
4. Teck Highland Valley Copper Partnership (Highland Valley Copper),
5. Teck Coal Partnership (Teck Coal),
6. Compania Minera Teck Quebrada Blanca S.A. (Quebrada Blanca), and
7. Compania Minera Teck Carmen de Andacollo (Andacollo).
The company stats are as follows: (as of Jan. 21/11)
1. Mkt cap 34.85B
2. Shares 589.62M
3. Share price 59.11
4. P/E 18.03
5. Vol / Avg. 5.36M/2.66M
6. 52 week 28.37 - 65.37
If and when Scott pulls off the next few steps in getting Nio-Star up and running, and from what we know so far from the chart, Sarissa will blow right past Teck.
So, you can rewrite the Teck description as follows:
Sarissa Resources Inc. operates in XXX segments: Niobium etc. etc. Its subsidiaries include:
1. Nio-star (Nemegosenda),
2. Shining -Star (Shingtree),
3. Death-Star (Deadmouse) (Tongue in Cheek)
If everything goes as planned, this can be one heck of an elevator ride.
JMO. Now your turn at kicking the can.
Thanks Nina and OntaREEo. They are too busy trying to catch the big one while the really big one is going to get yanked right out from under their fishing boat.
I can't wait for the official report with all the drilling test results to date. Until then, all we can do is site tight.
I've updated the spreadsheet that was originally done by OntaREEo with the current prices submitted by Nina. The price for Thorium Dioxide is the best number I could find (2009).
As noted by Webpence earlier this month, these figures are highly speculative and based on only one sample.
None the less, these numbers are mind boggling to say the least.
Agreed, but that is a real nice spreadsheet you put together with everything nice and neat in one place.
I think we all would really appreciate it very much if you could up date it as information becomes available.
For the spreadsheet you referred to you may want to revisit Webpence's post # 87741 Sunday, September 05, 2010 3:28:24 PM
investorshub.advfn.com/boards/read_msg.aspx?message_id=54099756
Recapping and adding to Birdman101's earlier post:
Dahlman Rose co-managed Molycorp's IPO at $14 in July then today they raised their target price on Molycorp from $49 to $85. This is based on known remaining reserves at Mountain Pass estimated to exceed 20 million tons of ore as of 2008, using a 5% cutoff grade, and averaging 8.9% rare earth oxides. Today, their share price closed up 15.23% at $57.50
.
From the PRs issued by Sarissa:
Firstly, the 'D' Zone area likely contains a minimum of 20 million tons grading 0.45 % Nb2O5 and perhaps upwards of 40 million tons that was indicated by the previous programs and that the 'South-East' Zone likely contains another 20 million tons grading 0.35% Nb205 and both have good potential for hosting further resources of Niobium."
To date, current and historical exploration work has only tested 2.8 kilometers of the 13.9 kilometers of the circumferential strike length of the Nemegosenda Intrusive Complex's outer rim, consequently the exploration potential here is significant."
My understanding from the above:
From the above PRs, Sarissa has inferred anywhere from 40 to 60 million tons in the 'D' Zone and 'SE' Zone. Secondly, they have only tested 25% of the circumferential Intrusive Complex's outer rim. In my opinion, the use of the word "Significant" is a vast understatement. "Mind Boggling" would be more apt.
Me thinks, we may be selling ourselves short with dreams of $5.00 per share. We may have spent too much time as a penny stock and it may be clouding our senses of the true market value.
Just my 2 cents based on the information available to date.
You may want to revisit Webpence's post # 87741 Sunday, September 05, 2010 3:28:24 PM
investorshub.advfn.com/boards/read_msg.aspx?message_id=54099756
Ever since the beginning of last week, this stock has come under major attack by the stock manipulators. Today's steep drop is simply a continuation of last Friday's manipulation where the stock being up 15% was suddenly driven down from 0.040 to 0.036 for absolutely no reason. In fact, with the recently released excellent news about the Chinese trade restrictions this should have had the opposite effect.
I just looked at the trades and the buy volume has exceeded the sell volume today but the S.P. has crashed 9.7%. Go figure, I always thought that would have the opposite effect. Oh well, naive little old me.
Someone out there knows what Sarissa is worth and is trying every trick in the book to get you to sell out. All I can say is, "DON'T FALL FOR IT".
Wow, Friday was a classic case of stock manipulation if there ever was one!!!! The S.P. went up 15% to almost touch 0.040 and then WHAM at around 2:00 PM the manipulators stepped in, while everyone was off guard think about the New Year Festivities, and drove the S.P. down to 0.036 to barely eke out a 0.56% gain. With the just released great news that China was imposing further trade restrictions on REEs there was absolutely no bad news to cause this abrupt drop in S.P. except to cause Sarissa stock holders to fear that a major sell off is imminent.
You may want to listen to Jim Puplava's interview where he lays out how stock manipulators operate. It's an hour long but well worth the time. You may even want to listen to it twice just to get your head around all the tricks used to part you from your investment. The more valuable an investment like Sarissa becomes the harder they will try to pry it out of your hands. All I can say is, "DON'T FALL FOR IT".
www.netcastdaily.com/broadcast/fsn2008-0531-3b.mp3 [tag]"Crime of the Century"
[/tag]
Sarissa has an excellent tightly knit management team that is doing everything right to see that this company succeeds. There is an interview with Paul Van Eeden who explains the difference between a well managed exploratory company versus a badly managed exploratory company.
From Paul Van Eeden:
Quote, "I therefore avoid exploration companies that tell me they are going to spend millions on their wholly owned projects, unless there are very, very, very compelling reasons".
Thank-you Jfburk for the above quote.
Sarissa knows it has the assets in the ground and Dahlman Rose wouldn't be Sarissa's investment banker if this wasn't the case. You can count on the fact that DR had their Geologists and Engineers go over Sarissa's claim with a fine tooth comb before taking on Sarissa as a client. It is just a question of time until Sarissa gets the best possible offer for its share holders. It might be tomorrow or 6 months from now. You can't put a time line on when this will happen. In the mean time, we should all hang in there and refrain from letting the stock manipulators rattle our faith in Sarissa..
One last note, we should all thank China for making our Sarissa stock that much more valuable. "THANK YOU CHINA"
Happy New Year to everyone and may 2011 be a very prosperous year for us all.
JMO
WOW, this board is under some very serious Attack!!!!
With this kind of pressure being exerted to sell Sarissa stock someone is about to loss big time.
So, hang in there Longs.
GO Sarissa!!!!!
After reading your post, I Googled Sarissa Resources Inc., Toronto Exchange, Vancouver and came up with the following interesting hit.
RARE EARTH MARKET NEWS
25 Nov 2010 ... Sarissa Resources Inc. is a junior mineral exploration company exploring for .... mineral exploration company trading on Toronto's TSX Venture Exchange. ... Vancouver mining firm stakes additional claims in southern… ...
Unfortunately the link I copied and pasted miss directs you to the wrong page. Best to Google the above key words yourself.
The Stock Price Chart that goes with it says, "No Data".
Hmmm, there's something afoot Sherlock.
This may be of interest to members and be of significant influence to Sarissa.
Sarissa's Shining Tree Neighbors