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"I confirmed with Merle that Sarissa's inclusion was not initiated by SRSR management or it's advisors"
That my friend is one big statement. Thanks for that.
Just noticed that. That sure is cool. What a group we have here. Thanks Web!
That is one great comment!
This is some of the most scizzo trading we've seen in a long time no?
Thanks for tha Dar, that is freaking amazing.... and sad.
That cat is amazing!
We are so far off the mark fundamentally that the single digets really are silly.
Sorry Alan but ignorance runs rampant around here... the company's success will put all this to rest, any day now.
Yea but, but.... that takes the conspiracy out of the equasion and therefore all the fun, right?
Repeat after me, spin OUT, spin OUT, spin OUT.... off take, off take, off take... sheesh bro, some folks here might be doing DD ya know?
Good stuff Tommy, Thanks.
I seriously doubt there is ANY institutional interest in the stock in it's current form anyway.
In that boat with ya. Got mine at .0007 in '07.
.14 cent cost basis right now.
I'm bettin we'll see $50 before the last bull leaves the gold party. IMHO
No, but that ASK is taking a beating! Some good buys. Hope they let it rise soon.
I concur. Beautilful post.
Borrowed this from one of my others. Thanks mtc.
High quality gold deposits becoming more precious
Friday, July 8,
Investors riddled with doubts will be relieved of their high quality gold shares by those that understand gold and the dynamics behind it.
Headline: High quality gold deposits becoming more precious
Global gold production may have hit a record last year, but that doesn’t mean the stuff is getting easier to find. Clarus Securities analyst Laurie Curtis wrote that the growing difficulties in finding gold suggest that high-grade deposits will command a stronger premium over time.
Citing data from the Society of Economic Geologists, Ms. Curtis noted that the number of deposits and total ounces found peaked in the 1980s “and have been steadily declining ever since.”
Additionally, the cost of discovery has increased from US$10 per ounce in the 1980s to more than US$47 an ounce in 2009, and there has been a decline in the average gold mining grade from 10 grams per tonne (in 1965-1975) to less than one gram in 2008, according to the data.
http://edegrootinsights.blogspot.com/2011/07/high-quality-gold-deposits-becoming.html
Source: financialpost.com
Oh my, that's a wise move!~
Oh, i dunno?
Sarissa Resources Announces the Acquisition of Additional Claims in Shining Tree Resources Jun 02 2011
Shining Tree Resources Corp. is pleased to announce that it has acquired an additional claim group in the Shining Tree area of Northern Ontario. Read More
Sarissa Resources Announces the Spin-Out of its Interests in its Shining Tree Mineral Claims Mar 31 2011
Sarissa Resources, Inc. is pleased to announce that it proposes a spin-out transaction for the Company's Shining Tree gold property (the "Shining Tree Property") in Northern Ontario to a new company, Shining Tree Resources Corp. ("Shining Tree"). Sarissa expects that it will accomplish this spin-out by declaring a dividend-in-kind of all the shares of Shining Tree to the shareholders of Sarissa. The spin-out is being implemented as a first step in the Company’s continued efforts to enhance shareholder value, which Sarissa is confident can be best accomplished by creating a separate Ontario focused exploration company. Management of Sarissa hopes that Shining Tree would become a Canadian reporting issuer at the time of, or as soon as possible following, the spin-out. Read More
Sarissa Resources Shareholder Update Jan 13 2011
Sarissa Resources, Inc. is pleased to provide a general company update to inform shareholders of ongoing initiatives. Read More
Sarissa Resources Inc. Shining Tree Property Winter Exploration Program Nov 05 2010
Sarissa Resources Inc., announces a follow-up exploration program at its gold property in the Shining Tree area of northern Ontario. The Shining Tree property consists of 18 claim units in the townships of Asquith and Churchill, near the community of Shining Tree, Ontario. This work will follow on from last year’s drilling program. Read More
Sarissa Files 43-101 Technical Report On Nemegosenda Niobium Property Oct 05 2010
Sarissa Resources Inc. is pleased to report that it has filed a technical report under National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”) prepared by Patrick Chance, P.Eng., dated 23 September 2010 and entitled “Nemegosenda Lake Niobium Property, Chewett, Collins and McGee Townships, Porcupine Mining Division, Ontario, Canada - a NI 43-101 Compliant Technical Report” (the “2010 Report”). Read More
Sarissa Resources Inc. engages Dahlman Rose as advisers for corporate and project development Aug 16 2010
Sarissa Resources Inc., is pleased to announce that the Company has engaged the investment banking firm, Dahlman Rose and Co., LLC (“Dahlman Rose”), to advise the Company on a range of strategic and financing options to further enhance the value of its Nemegosenda niobium project. Read More
Sarissa Resources Inc. Summer Exploration Commencement Jun 02 2010
Sarissa Resources Inc. is pleased to announce the next phase of exploration on its 100 percent owned Nemegosenda niobium property in northern Ontario. Read More
Sarissa Resources Inc. Announces Formation of an Advisory Board to Develop a Strategic Focus on Corporate and Project Development Apr 15 2010
Sarissa Resources Inc., is pleased to announce that it has formed the Sarissa Advisory Board (the "Advisory Board") to provide expertise and consultation to the Sarissa Board of Directors and management in matters related to the Company's Nemegosenda niobium property and corporate development. Two initial appointees to the Advisory Board bring considerable depth in the areas of international business development, financial acuity and management, and project costing and development. Read More
Further SE Zone Drilling Results Apr 11 2010
Sarissa Resources Inc., is pleased to announce that the analytical results from diamond drill hole DDH-10-81 continue to confirm the presence of anomalous Nb2O5 mineralization within the South East (SE) Zone of the Nemegosenda niobium property. Read More
Sarissa Resources Inc. Nemegosenda Hawke Zone Drilling Update Mar 23 2010
Sarissa Resources Inc., is pleased to announce further results from the recent diamond drilling programs on its 100% owned niobium property in northern Ontario. Three additional vertical holes were completed in the Hawke Zone to test for eastern extensions of the ore-zone originally identified by Dominion Gulf and confirmed by Sarissa’s first drilling program. Further details on the Company’s previous drilling can be found in the Technical Report prepared by Billiken Management Services Inc. in July 2009. Read More
Drilling Results Confirm Extension to SE Zone Mar 11 2010
Sarissa Resources Inc., is pleased to announce that the preliminary analytical results from step out hole DDH-10-83 have identified an extensive new zone of Nb2O5 mineralization. Read More
Sarissa Resources Inc. Shining Tree Property Drilling Results Jan 05 2010
Sarissa Resources Inc., is pleased to release the results from the initial diamond drilling program conducted at the O’Connor-Asquith gold property in the Shining Tree district of northern Ontario, which included one intersection of 9.26 grams per tonne gold over 2.06 meters. Read More
Sarissa Resources Inc., Nemegosenda Magnetic Anomaly of Potential Identified Dec 14 2009
Sarissa Resources Inc., is pleased to announce that another magnetic anomaly of potential has been identified on its 100% owned niobium property in northern Ontario. The newly identified area of interest lies to the south of what was previously thought to have been the southern boundary of the South East Zone. Read More
Sarissa Resources Inc. Nemegosenda Drilling Update Dec 01 2009
Sarissa Resources Inc., is pleased to announce preliminary results from the recent diamond drilling program on its 100% owned niobium property in northern Ontario. Three vertical holes were completed to continue to test for eastern extensions of the ore-zone originally identified by Dominion Gulf and confirmed by Sarissa’s first drilling program, completed earlier this year. The previous drilling program had indicated a resource of 11,000,000 tonnes of 0.46% Nb2O5 material within the Hawke Zone (previously the D Zone) as outlined in the Technical Report prepared by Billiken Management Services Inc. in July, 2009. Read More
Sarissa Resources Inc. November Exploration Update Nov 05 2009
Sarissa Resources Inc., is pleased to release further results from the summer trenching program in the SE Zone, on its 100% owned niobium property in northern Ontario. During the summer four trenches were opened up to test for continuity of the mineralization reported in previous programs. Read More
Sarissa Resources Inc. Shining Tree Property Fall Exploration Program Oct 10 2009
Sarissa Resources Inc., announces a follow-up exploration program at the O’Connor-Asquith gold property in the Shining Tree district of northern Ontario. Read More
Sarissa Resources Inc. Shining Tree Exploration Results and Nemegosenda Update Sep 26 2009
Sarissa Resources Inc. is pleased to release the first results from the summer surface exploration program at the Shining Tree gold property in northern Ontario. Read More
Sarissa Resources Inc. Nemegosenda Exploration Update Sep 03 2009
Sarissa Resources Inc.is pleased to release the first results from the summer trenching program in the SE Zone of its 100% owned niobium property in northern Ontario. During June and July four trenches were opened up to test for continuity of the mineralization reported in previous programs. Read More
Sarissa Resources Inc. Nemegosenda Drilling Update Sep 03 2009
Sarissa Resources Inc., is pleased to announce the completion of a further three diamond drill holes on its 100% owned niobium property in northern Ontario. These three vertical holes continued on from the original nine hole program completed earlier this year. The previous drilling program had indicated a resource of 11,000,000 tonnes of 0.46% Nb2O5 within the Hawke Zone (previously the D Zone) as outlined in the Technical Report prepared by Billiken Management Services Inc. in July, 2009. Read More
I didn't say they hadn't accomplished a single thing. If you had been paying attention you would know they are focusing on the corporate side of business and you would have been BUYING like a madman.
You'll catch up soon enough... or not.
You did get that right, BILLIONS.
Interesting. It's been since Jan. 2010 that anything has been added to the actual Nem. project site. Thats a year and a half.
Lucky bug!!!!
That is all the evidense you need to know that these buggers are still short and we can expect quite a clamor once an ex-date is given for the spin out. JMHO
That is the ONE gift from the uncle that everybody should take advantage of.
Many here have oodles of shares tucked away in thier ROTH's. Mine are there and waiting for dividends a decade from now.
I have LONG term focus!
Well.... guess we can't help what the big boys decide to do. Seems like every great stock i cast my lot in get's bought out.
I personally hope they don't succumb to such a temptation as the long term payoff will be soooo much greater if the 30 year plan is fast tracked. Just my two bits.
When we hit 75 - 100 a share they'll split it! 3 - 5 years from now. Patience.
Nice work rickybobby!!
Yep 200,000oz. silver at about 35oz. put's us at about $350 per oz. of silver credits on 20,000oz. gold production.
Did'nt they estimate 400oz. production costs? So essentially at $35oz. silver it costs us $50.00oz. to produce our gold.
Higher silver will eventually bring those cost's negative. 20,000 gold oz. at an average of $1500oz. gives us a profit of $30,000,000 less the $50oz. costs gives us an eps of .28 - .30cents? the first year?
Trading at a multiple of 30 would give us a share price of about $9.00 just to start! Looking good.
Wow Luk! great post! Excellent info presented there. Have to agree with all the future potential here. Comstock will shine!
Soon coming to a time & sales near you!
That accumulation es muy sesy!
Like i said, the AMEX listing has done nothing for us yet. Doesn't seem to matter pink sheets, BB, AMEX, NASDAQ etc. the manipulators are everywhere!
Production is the only hope we have here.
Sad. We have TONES of this stuff and nobody knows we're here.
That will change soon, then watch out!
Happy Birthday to you Tommy! Nice week here~
Strange bid action today. Can't honestly say the AMEX listing has done anything good for this stock other than tightening the spread. Need to see production imho.
So true. Awesome post. Thanks for chimin in, we've missed you.
What are we voting on?
It's actually not that old. Didn't somebody post that Bob had sold his position in LODE? I noticed recently that our Pr's are still posted on his website.
If he actually sold after putting out such a great piece i would say he needs some help with his attention span.
When they chime in to let us know that they're still in i'll believe it. Can't trust the words of the momo's. sorry
Wait 'til we get a 50+ million shares day, THAT will be some lovin.
Thats what hooked me in as well. Been in since Nov. '07. What a blessing.
Very wise! Nice to have you here. dwp, Department of Water & Power?