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This is Awesome News! Thank you Nutriman for finding and posting this.
Cheers,
TheGoodlifeGeo
Wow, just goes to show there is always more than one opinion...
I Do blame BB for yesterday's PR fiasco. They Know Better than this. They did Not notify Sarissa that they were releasing this PR. That is just plain Poor Work on their part.
They, IMHO, have a Responsibility to Notify Both sides of Any Joint PR being released. That is their DD to do and no one elses. That is what they are Supposed to do. They did Not notify Merle of this and that was Wrong...
Cheers,
TheGoodlifeGeo
Everything I say is my own opinion. If you do not like mine, get your own...
I agree with you on both points... Merle is all we need for now and Brass Bulls Sucked... When Nemegosenda gets it's compliance and they are starting to mine, then Merle can hire some underlings to handle the ongoing job of being the face to the world if he needs to. That is a future thing, not a Now thing IMHO...
Drill, Assay, Compliance, Mine...
Cheers All,
TheGoodlifeGeo
Everything I say is my own opinion. If you do not like mine, get your own...
Hello Everybody. I spoke to Merle today.
First, we talked about the PR's yesterday and we both agreed that Scott & Sarissa announced Exactly what they said they would. Niobium Assay Results. The results were Fantastic BTW, and show they have More Niobium content than was previously reported, mainly thanks to the enhanced Assay tests available today as opposed to when the original cores were sampled back in the 50's.
He re-confirmed that All of these assay's are being done by 2 Labs, not one Lab doing 2 sets of tests. The Niobium Assay tests take less time to run through and report on than the rest (REE's, Uranium, etc...).
I think the Next results are likely the next 2 cores samples Niobium results, but the first Cores REE results will be coming as well, so not sure of the timing of this yet, but one thing is certain, we will start getting flooded with Assay Results...
Next thing is he reiterated that the news PR by HWBI did not go through either himself or Scott, but HWBI made a decision to announce. He would have preferred a Joint Announcement, which is the way these things are normally done, but the news is out and frankly this is Not a bad thing for us at all. I do not understand why some do not think this is good for us, but more news about this will be coming, probably from HWBI more than Sarissa.
He stated the focus remains on Drilling, Exploring & Assaying Nemegosenda, as it should be. Scott & Alan are onsite Together and exploring the property as we speak.
To those individuals who are saying the Scott and or Sarissa does not care about the share price. Exactly what do you propose they do about it??? If you chose, for whatever your reasons, to participate in panic selling frenzies, remember you have only yourself to blame in helping the pps go down and not Anything that Scott or Sarissa did.
Scott owns 30 Million shares, so he Certainly cares about the PPS.
We talked about What Scott has done and what is he doing about helping to create a Valuable company?
1. He is Finding High Quality Proerties that can bring Significant profit into this company - Done and Continuing
2. Finding Highly Qualified people & Partners who can add Significant Value to This Company - Alan, Cam, Merle, Drilling Company, Assay Labs - Done and Continuing
3. Explore these Properties and Manage the Resouces wisely to get as much from each property as we can - Ongoing Process
4. One we have Proven the Resources at Nemegosenda, utilize his Experience and Leadership in this, our first Mine, to bring this in where we realize Maximum Profit and Value going forward.
If anyone thought the creation of a Mine was going to be an Easy or Quick task, well, it is not. In this particular economy, it may take longer than we originally hoped, but we are So Close with the Assay results that have started to come out, the Drilling ongoing, More results flowing as they are ready, that IMHO, you would be unwise to bail out now. The market is extremely hard to predict in an economy like this. The right piece of news or the right set of buyers could set this off.
The DOW had another horrible day, more companies are filing Chap 11 and I am sure that potential investors have many things to worry about right now.
We will be fine in time and I still think this will be a Great Year for SRSR. Maybe not the rest of the market though...
Cheers All,
TheGoodlifeGeo
Everything I say is my own opinion. If you do not like mine, get your own...
Actually I always buy at the ask for SRSR... Why did you think I did not?
Granted, I sometimes wait if it is trending down and buy when I think it is a good time (I am not entirely stupid when it comes to trading... lol...) but when I do put in my buy order, it is always at whatever the ask is at.
Cheers Anyway,
TheGoodlifeGeo
Nice Chart! The next 5 years will do the same or more IMO...
Steel producers are having to upgrade to produce higher quality product (using Niobium) since the market demands this...
Cheers,
TheGoodlifeGeo
??? Are you saying we should not be on pinks, we all agree!!!
If you are saying anything else, please spend a few days going through all the info in the Ibox before making any judgements...
Here I will help you... Start by reading this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34737901
We will be leaving the pinks by the end of 2009.
IMHO, we will be leaving pennyland as well...
Cheers,
TheGoodlifeGeo
He was kidding... TR is one of the original Poster People on this one... He is just having a little fun on his Sunday...
BTW, everyone notice that SRSR is the #1 Board today...
The next 2 weeks are going to be very, very interesting...
Cheers,
TheGoodlifeGeo
LOL... You are Too Funny today...
Answer: Only if you want to make money...
I have received a Lot more emails & PM's about SRSR these last few days than normal. Many from new friends.
If this is an indication of how the word is spreading about out little junior mining stock, I think the coming week could be very interesting. With or without any PR... All JMHO...
I have more dry $$$ ready to go...
Cheers and Happy Sunday All,
TheGoodlifeGeo
First, Niobium & REE's were not used much back when this study was done and these materials were mostly not worth mining at the levels it was going for on the market. Simple supply & demand thing. The cost of extraction would have far exceeded the profit. But that has all changed now.
We are now in the Computer Age Where mass quantities of REE's are needed for your Laptops, Flat Screen TV's, PDA's, IPOD's, Cell Phones, Video Games etc... and Steel production has changed Drastically where we are demanding Higher Quality Steel products resistant to corrosion and much stronger than they produced in the past. With the economy the way it is, this will continue to change and Niobium is going to be needed more and more. Prices for all these materials will continue to rise with the continued rise in demand.
Also, the main purpose of the Gulf study was exploratory.
Cheers,
TheGoodlifeGeo
Well, it is Not Niobium or Tantallum or most other REE's...
Certainly could be Gold...
Here is a photo from Cripple Creek Colorado Gold mine:
I've been down in about 12 gold mines and Photo 21 sure looks like gold to me...
Anybody else getting excited about Assay Results???
Cheers and Goodnight Everybody!
TheGoodlifeGeo
Hey, This sounds like SRSR!!! Nice Post! (As Always...)
BTW, Really Cute Puppies...
Cheers!
TheGoodlifeGeo
WOW!!! Awesome Adit Photos!!!
Man I wish I could get up there and explore this too!
Thanks for posting this...
Cheers,
TheGoodlifeGeo
Wow, No kidding!! Imagine if some of Madoff's buddies had invested in SRSR instead???
We could be sitting over $2/share instead of down here, we would all be rich and there would be No Float left now...
To Anyone who Still does not believe in SRSR...
SRSR Simple Chart Ending Friday:
If this is not one of the most Perfect charts you have ever seen and still want out now, I just dropped another $10k into my trading account and would be more than happy to help you out by relieving you of those pesky, unwanted shares... lol...
Cheers Everybody,
TheGoodlifeGeo
Yes, but there was also 300k bought in one single block...
You have to look at the whole picture, not just a few small sells. Buys far outpaced the sells all day and Friday is often a day of selling for people looking to have free $$$ for the following week.
This week was awesome, like the past year has been, but only a taste of things to come.
I am Buying on the drops as much as I can and will keep this up as long as I can...
Great Week/Month/Year for SRSR so far and I still expect to see this way, way up from here...
Cheers All,
TheGoodlifeGeo
I know you meant "A Pot of Niobium..." lol...
Maybe a pot of Tantalum and a few other things too...
You are not kidding with "Sit Tight"... I would say Sit Tight for as long as you can because once things start to happen they could happen pretty quick.
First Assays come out, drilling continues, more results follow, other news as well. This is going to be the ride of the year and well beyond... IMHO
Cheers All,
TheGoodlifeGeo
Hey, Wait, that could actually be Good!
Those Asteroids have Lots of REE's in them (Except they are called RAE's...) It would just add to our investment... LOL...
Cheers,
TheGoodlifeGeo
No I do not. There was practically No selling at the end, a lot of buys though... Out of the last 28 transactions, only 6 were sells and less than 300K shares.
I do not know what you are looking at, but no one is trying to get out of this at these levels... Come back and say again that once we hit our first .5 and you may be right... lol...
And BTW, as Turbo said, American Bulls should be called American BS...
Probably the worst financial site on the internet... But you just go right ahead and follow their advice, you will be homeless real soon...
Very light selling Friday selling IMO with Lots of new buying.
Great Week Here!
Cheers Everyone!
TheGoodlifeGeo
Yes, and if you bought in around Dec 16 - 20th, you are up over 300% right now...
Cheers & GTLA,
TheGoodlifeGeo
If Scott Keevil does Anything with the Chinese, it will be to Sell them Niobium. As much as they want... I doubt Very Much that he would Ever even entertain the thought of selling this property to them and I also doubt he will get himself into a position where they could do a "Takeover".
Scott Keevil has deep roots and ties with Canada, obviously more than with China. There is also the fact that I do not believe that Scott's primary purpose here is the Money, but to create a company that has lasting legacy for himself, his family & his Company. OK, his second reason is the money... lol...
Cheers,
TheGoodlifeGeo
IMHO, Sarissa Resources does not need to do any buybacks.
Their "Net Worth" is probably going to be at Least $20,000,000,000 for this One property for the life of mining Nemegosenda. And I am saying I think that will be Their minimum take. I have no idea where the price of Niobium and REE's are going to be in 20+ years as this property is mined, but it is pretty safe to assume a Minimum of 5% increase/year for Niobium and think I am being conservative. There could be Huge jumps in price as we become more and more technology driven and as every Steel producer on the planet makes nothing but enhanced steel products.
The REE's and potential for other things (radioactive things) only raises the bar for what Sarissa could see in revenue for mining Nemegosenda.
Scott Keevil and the others at Sarissa know this as much as anyone does. It certainly would not be out of line for the share price to reflect what the value of what this company Will be worth in the near future as opposed to today. It happens all the time.
Then we have all the rest of the properties and probably more to come as the years go on.
I do agree with you that this stock is amazing and will continue to be so as the years go on...
Cheers,
TheGoodlifeGeo
I thought that would be too obvious... lol...
Lets just add them together and say $45 Billion...
Cheers,
TheGoodlifeGeo
The Top 5 Reasons I Love this Company So Much:
5. Scott Keevil - He is the whole package. Highly Experienced in Mining, Deep Family roots in Mining in Canada, Down to Earth senses, not afraid to go out there and get his hands dirty and not at all your typical Pink Stock CEO. All this man wants is to produce a First Class Mining Operation that will last for Generations.
4. When Scott took this company over, the people involved were just so-so at best. We now have a World Class Team of dedicated individuals who will make this happen.
Scott Keevil - CEO, Scott Keevil has been involved in the mineral exploration industry for 20 years. His family has roots going back 3 generations in Canadian and world-wide mining operations. The Family also has a Mining University named for them. Can we get Better than this? I doubt it!
Cam Cheriton - Director, Geologist, PhD, has over 50 years experience in the mining industry working for companies such as the Consolidated Mining Company of Canada, the Anaconda Copper Mining Company, Texas Gulf Sulphur, the Conwest Exploration Company and the Geological Survey of Canada. He studied at the University of Saskatchewan, the University of British Columbia and Harvard University where he achieved a PhD in Economic Geology. Cam is a registered Professional Engineer of the Province of Ontario and is the designated qualified person (“QP”) for the Tamarack Property. Cam is directly responsible for the discovery of a number of ore deposits; one of note being the Caribou Mine in New Brunswick.
Alan Hawke - Director, Mining Management & Geologist, In a distinguished mining and exploration career that has spanned 30 years and three continents, Mr. Hawke has operated in key managerial roles -- encompassing mine development and construction management -- with prominent mining companies including eight years in Indonesia with PT Kelian Equatorial Mining. While at Kelian as project geologist, Mr. Hawke was responsible for all exploration activities, definition drill-out and resource studies that identified the Kelian Gold Mine.
Tell me this is not one of the most Highly Seasoned & Professional groups to ever start a Mine...
3. Despite the Economic Collapse of 2008, the effects of which will last for years, Sarissa Resources has continued to work, develop their first major property and established the fact that they will become a Serious player in the Mining industry of Canada. They secured their first major property, financially and physically, established a base of operations from where they will work this mine, cleared the roads throughout the property and have begun their Compliance Drilling Program. They even have provided Photos of Drilling Operations.
2. The Assays are Coming... Assay results are being processed as we speak and within the next few weeks, we will have a clearer picture what the First Zone, 'Zone D', A Block of Niobium of at least 20,000,000 Tons and more than likely large amounts of other REE's as well. The initial numbers I care more about proving the Niobium content, but fully expect as the drilling continues we will likely see Tantalum, Neodymium, Lanthanum, Cerium and many more potentially PPS exploding elements that many will become experts on over the next year...
1. The Numbers - In the past year, many seriously large companies have ceased to exist. I know many stocks that droped 90% in 2008, but Sarrisa is just beginning and did Extremely Well.
One year ago today:
Date--------Open--High--Low--Close--Traded---Adj Close
2008/01/07 0.011 0.013 0.010 0.012 994,850 0.012
Today:
2009/01/07 0.035 0.038 0.034 0.037 6,421,162 0.037
SRSR has gone up over 300% in one year. In a year that most fell. Imagine if 2008 had been a Good Year financially!
Sarissa is just starting and the day they post those first Assay results will be the Real Beginning of this.
Today was just a little taste of what is to come... Nice Day Though...
Cheers Everybody!
TheGoodlifeGeo
You know, you may be right and just trying to help, but unfortunately my experience on Ihub has been most 'brokers' are not here to help, but help themselves. You are also very new here and no one has any reason to trust what you say.
I have personally been thinking this will churn up/down quite a bit but slowly keep edging upwards. That is why I got in and I have no reason to believe otherwise at this time.
If you have the resources and the time and this is your only job (buying/selling stock) then it certainly is possible to watch these closely as you suggest and Sell high then buy back low, but the Vast majority of us out here have full time jobs (mine takes about 10-11 hours of my day) and simply do not have the time to watch these stocks for the right times.
That is why so many buy as low as they think then let it ride.
If we could just watch stocks all day long and work these as you suggest, I am sure we could make a bit more money, but frankly it is not always clear where the highs will be to sell or the lows are to buy.
My other issue with your postings is it is always negative and only pointing out the bad, not the good. All that does is make weaker hands sell and cause drops in pps, which leads me to my original thought of 'brokers' only being here to help themselves...
If you really want to be helpful, try not being so negative. You say you are being "realistic" but frankly you seem so negative and truly being realistic about a given stock, especially one that has as much potential as this one seems to, is always somewhere in the middle.
If you can take the time to watch this very carefully and know where the highs/lows are, have the resources to buy back before your sell's settle (have cash in reserve not committed) then by all means flip and make the short gains. For all the rest I say get in at the lowest possible place and ride it to where you believe the high point will be.
I think the potential upside here is so good that I will not be playing this one much. My shares are now free, I sold just enough to pull out my original investment, so I have no reason to. I always suggest this to new investors.
If this company is successful in getting the FDA approval the rise in PPS could be staggering and this is a real possibility with this one.
All is IMHO.
Cheers and GTLA,
TheGoodlifeGeo
This is a Great Post!
What you have stated about Steel Producers who are using the latest technology and can produce using Niobium and other materials is dead on.
Their product is going to be in the highest demand in the coming years, probably indefinitely, and will spur older Steel producers to modernize or slowly go out of business. This will produce an even bigger demand for Niobium and other such materials and push the prices for them higher and higher. All good news for us...
Cheers and Thanks for the great postings!
TheGoodlifeGeo
WAIT! Are some not playing this wrong???
We all want out (even at .0001) Right???
WEHI is the Greatest Comeback story of 2009!
Huge Earnings Projected!!!
Mike P for President!!!
OK, now if you will excuse me I have to go wash my mouth and hands with Lye Soap...
Go WEHI in 2009!
Cheers,
TheGoodlifeGeo
No. They have Bought and Sold out each time I have gone in.
One of the managers is a friend, so he is going to let me know when they get the next units and I am going to get there to photograph and probably buy one...
Hey, the other way to "Get out the Word" on products is to Buy them.
Almost All products get out there by word of mouth.
So buying the product and recommending it helps the company as much or even more than buying the stock does...
I do not know why you have to be so negative, but I guess that is just some people's way...
If you are a Holder of this stock and want to help, Go Buy One, then tell a friend...
Cheers,
TheGoodlifeGeo
"It's hard to drive a 1/2 mile around here in any direction without seeing a Walgreen's"
Here Either! I live in an area of Colorado where the average lot size is 3 acres, so really spread out, and there are 3 Walgreen's I pass on a regular basis...
Every time I try to go in to see if they have any product, they are Out.
If That is not a Good Sign, then I do not know what is!
Cheers Everybody!
TheGoodlifeGeo
And these 2 were my buys today...
I may have added one more to my list for the rest of the week (thanks to Go) but ASFX is going to be just fine. People have to just give this a little more time to come into it's own...
I think once the start of the year sellers are gone and news comes out we will all be happy...
Cheers!
TheGoodlifeGeo
I was thinking something similar.
We just came off 2 short weeks with Many people taking vacation/family time. ASFX had their annual meeting and I am sure that was a large effort to pull together, especially this time of year, and today is really the first day back to work for most people and it may take a few more days for things to get back to "normal". My company is still chaotic with more discussions about the holidays & new years parties than real work going on...
Also you have New Year's Sellers out there for various reasons selling some of their portfolios. I know 2 people who do most of their selling for the whole year right now at the beginning & use the proceeds to buy their new stocks for the coming year... Both were up over 40% for the 2008 year so I certainly cannot argue with what they do...
I am not at all concerned. They will come out with what is happening soon enough and frankly there really was not that much action here today to put any meaning to it.
I bought today and will probably be buying all week. I still say how many pinks are actually Producing Product and getting it out there to the public? And not just promises of what products might be coming out someday, but Actual Products Now.
Cheers,
TheGoodlifeGeo
So what's up with those 2 T Trades after the close?
Sell of 100,000 then 7 seconds later Buy of 100,000? (the same 100,000 shares?... strange)
Well, anyway, I picked up 165K shares today during all the crazy-ness... Would like to get more but I am trying to balance this with the other stock I am buying and I want to have $$ all week to buy as needed...
EOD push should carry over to tomorrow I think...
Cheers and GTLA,
TheGoodlifeGeo
Whomever that is selling the SRSR right now is sure doing it at a strange time, unless of course they are just selling to try to keep the pps where it is with the intention of buying back later...
First Assay results are due soon so I would not think anyone who has been paying attention would be selling before this next PR is released. Of course, I am assuming that everyone pays attention... Probably not... lol...
My Dad is happy today as well... He is into TCK for about $250K, at the bottom levels, so he is grinning ear to ear...
Cheers All!
TheGoodlifeGeo
Wait a minute... FDA? So he finally realized he knows nothing about Mining Stocks so he is bashing Drug companies instead??? I will bet he is a "Certified Public Auditor" for the FDA too... Too Funny... LOL...
OK, Go SRSR! Go SGCP!
Cheers,
TheGoodlifeGeo
Thanks Joan... 2008 was a Huge Test of all long stock holders nerves, but I really believe that 2009 will be so much better for us as the economy improves and so many will be smarter and better at investing...
Cheers!
TheGeoodlifeGeo
Hi Joan, Actually I have been on ASFX for almost a year now...
I just think this is a really good time to add, so I will be starting this coming week...
I think is one of the best plays of 2009... I hope I am right!
Cheers All,
TheGoodlifeGeo
The most impossible of all questions to answer...
I say as Assay results for first Core are released, we see a new base of support initially forming at between .048 - .058 and we have spikes of over .1 for the first time (since the creation of SRSR). Look how it spiked to .084 on next to nothing and this time we will have actual Assay News driving this, as news of this gets out more & more and short term investors ride & drive this up & MM's try to keep a lid on it...
Assay's continue to flow and new news of AF's, Uplisting & getting ever closer to Compliance.
New bottom levels start to form over .10 as ever higher pps pressure keeps building, the Float starts drying up and shares get scarcer.
MM's eventually lose the Lid battle as this is driven ever higher on sheer momentum...
OK, so much for January & February... On to March...
Cheers,
TheGoodlifeGeo
I know and I think so too... That is why I am always adding the "+" sign in front of my SRSR/Nemegosenda estimates... lol..
(I see your $40B and Raise you another $10B..)
Cheers,
TheGoodlifeGeo
That would be OK too, but I have more SRSR... lol...
I know many of my friends out here have a lot of SGCP, so I hope it goes as high as SRSR does!
Cheers,
TheGoodlifeGeo
I vote for SRSR to be the #1 Mining Stock of 2009.
Predictions for 2009:
*Nemegosenda will be shown to have $20+ Billion in Niobium, REE's & other materials calculated over the life of mining out this one property.
*NI 43-101 Compliance
*AF's & Uplisting
*JV Announcement
*Sarissa will start working at least One of their other properties in 2009
Cheers Everybody!
TheGoodlifeGeo
Considering what Texas Ripper pointed out:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34522196
We already know that Sarissa is on Many peoples radar.
I really think that SRSR will be one of the biggest stock stories of 2009 and if Scott and the rest at Sarissa can do everything this year they are planning on, we could see one of the biggest mining company stories of all time. There is nothing stopping this from going over a Dollar and beyond this year.
SRSR #1 in 2009!
Cheers,
TheGoodlifeGeo