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Yes, exactly. I do not really care if there is a merger or buyout, I want ASFX just to keep doing what they are doing; Get products out to the market and expand their sales base...
If someone bigger takes notice and wants a piece or all of this company then that could be icing on the cake.
I just moved money into my trading account and will start buying Monday. I am only buying 2 stocks right now and I think I will be buying more of this than the other for now...
I only see up from here in 2009 and beyond...
Cheers and GTLA,
TheGoodlifeGeo
No Way, No How in no uncertain terms is this going to R/S!!!!
Period!!!! To say this is silly and totally unfounded.
Once again someone who has been here for 3 hours is telling us about a company that some of us investors have been doing Real DD and following the happenings of SRSR for a year or more.
Why don't you new people start doing some Reading of all the Info & DD on this board before posting things like this???!!! It is Not Right and this post should be Removed!
You Obviously did No DD before making this ridiculous R/S comment and it should not be allowed.
There is Nothing about this to even Suggest a move like this. Nothing At All!
The CEO here is from what is probably the Biggest Mining Dynasty in Canada. Look up:
Norman Keevil - As in the Norman B. Keevil Institute of Mining Engineering... http://www.mining.ubc.ca/
This is the family we are talking about here and is Not some fly-by-night scam pink stock.
Scott Keevil is NOT in this for some short term financial gain, he is here to Build his Legacy and secure a position of Respect in the Mining business his family has been in for over 50 years...
The other men in this company are Highly Respected members of the mining community and None of them would bother to be here at all if this were anything but Real.
This company is going to reach places were Few other reach.
Seriously folks, Please do some Research before posting things like this.
Sarissa is Drilling to obtain their NI 43-101 Compliance.
They should start Posting Assay results in the next few weeks.
If they are in need of additional money for drilling, they have many avenues available to them.
Some of you people who hit this board for a few hours must be so used to pink stocks that scam you do not even bother to check out the facts before posting wild accusations like this.
Please do us all a courtesy and Start doing DD first.
We would appreciate it.
Cheers,
TheGoodliefGeo
1. They do not need any "Assets" or "Equipment". This is NOT a drilling company nor are they a full Mining Company. You need to look up what a Junior Mineral Exploration company does. They do not typically Do the Drilling or the mining themselves, they use Professional Drilling companies (which is what SRSR is doing) and do a Joint Venture with full on Mining Companies to actually Mine the properties.
2. What they are doing with their money is hiring a Drilling Company and paying for Assay Results to prove up this resource and satisfy the NI 43-101 requirements. Exactly what they are supposed to be doing.
This is also their first property they are working and yes, money is probably tight, but I have absolute confidence they can and will do whatever they have to to make this happen.
You have been here for a few hours and have been bashing this for all you are worth. Why? You obviously do not own a single share or you would not be writing these things.
I, like many people out here, have been on this for a year or longer. I started buying this just before Scott Keevil took this company over and have been buying ever since.
Why don't you actually try reading through all the unbelievable DD available on this board about the raw materials that this property has and then you might be able to make a more informed opinion about where this will be in the near and far future.
This past year was one of the toughest years since the Great Depression, but somehow Scott and the professional group he assembled to make this happen kept things together and have begun the process of drilling and making this one of the greatest startup Junior Exploration Companies of all time.
I do not care what you or anyone else thinks or does about this, but I for one am excited and happy to be a part of this.
I have many friends out here and know they are all happy as well. It's up to you whether or not you decide to invest, but why don't you lighten up and really check this out before just bashing like this.
We have had a fantastic few weeks here and we will be having a great ride up over 2009.
Cheers to all you other happy Sarissa people out there.
TheGoodlifeGeo
SRSR a Dime (a Month) in 2009...
I know wherever we are this day in 2009 we will all be much richer than we are now... I am personally hoping to be sitting on a particular beach in Brazil on this day next year...
Happy New Year Everyone!
Cheers,
TheGoodlifeGeo
And I would also say that if someone posts something that angers you, send them a PM with your information and reasons why you think they are wrong. You Might actually turn them around...
2 times in the last week I saw postings from people on 2 different boards and I replied directly to those people.
In both cases it started a series of emails and in the end I actually help convert them from the dark side. Both were new to those boards and reacting to other negative posts and just coming out with their thoughts too quickly, but did not mean anything bad. I pointed out the good DD and was positive with them.
Now instead of having 2 "Bad" posters, we have 2 new friends...
There are obviously the "other" kind of negative posters. MM's trying to drive the price down, idiots who just like to cause trouble and I even know of a case of a Teen kid who was just posting Crap to get a Reaction from the other posters for kicks...
Anyway, TR is right and responding to attacks with attacks does nothing but give you heartburn.
Cheers and Happy New Year,
TheGoodlifeGeo
Sure thing and Go Sox!
Cheers,
TheGoodlifeGeo
Not really, just some flippers, some people who needed a little profit to pay for Christmas shopping and a few MM's who came up short after the big gains last week...
This is going up another level on Assay news.
Patience (something Homey says he hates... lol) and buying on the dips (from the dips selling...) is going to be key here.
There are very few penny stocks left like this one. Whether you are one of the people who thinks .20 or 2.00 this year, IMHO, I doubt you can go wrong here...
Cheers,
TheGoodlifeGeo
We will see... I am now more optimistic than I was say, 6 months ago. You are correct that there are many factors, but I will say this.
As the new administration slowly starts to get the Economy back on track as they are talking about and
As they get real, open and productive talks going with the other nations of the world about getting things going in a positive direction and
As people start believing that we have a government that really cares and wants to help makes things better (something we have been sorely lacking for a very long time) things will start to improve...
The job situation also has to stabilize and I believe it will.
People Want things to get better and from conversations I have had with many people in different countries they are starting to believe like me that things will improve.
So I do not think 2009 will be worse than 2008, I am not even sure that is possible, but instead things will slowly improve through the next several years.
I also think that when people are overly pessimistic (or so-called "Realistic", which is just another way of saying Pessimistic...) about how things will become, they can create a condition of fear and make bad things happen.
Look at these boards as a Perfect example. You can have 20 people all saying that a stock is Great and just One negative poster comes along and scares people into selling, which creates more (panic) selling...
Negative thinking creates a life of it's own and drags things down even if there is no reason or makes it worse when there is...
I am a big believer in Positive Thinking and Doing.
Cheers,
TheGoodlifeGeo
"In the confrontation between the stream and the rock, the stream always wins. Not through strength, but through persistence"
-Buddha
Hi Leigh! Gee, I wonder to whom you are referring...
Rhymes with "Stooge" perhaps... lol...
It is amazing how all of these boards have at least one that posts a continual stream of Crap...
This is my other favorite stock. It should do quite nicely this year.
Cheers and GTLA,
TheGoodLifeGeo
That's the Spirit TR!!! And more like what I was thinking (hoping) too...
OK, I will say that by year's end people are simply going to get Sick & Tired of this recession and start Buying again...
If everything happens that should happen, including JV, I will go with the original valuation from last March and say $2.17
Hey, if I am going to dream I may as well dream Big!
Cheers,
TheGoodlifeGeo
"Dreams are not the product of calm, rational thought. Dreams are what fuels our imagination and gives us the drive to keep on going through the good and the bad times..."
Tradernation; Thanks so much for all the Great Postings!
I probably would have missed this if it were not for you.
I think the busy time of the Holiday Season, being (probably) short-handed as many people take time off and getting ready for the annual meeting is why we have not heard much from them.
Things will now pick back up as 2009 starts...
Happy New Year,
Cheers,
TheGoodlifeGeo
Sure, right... and Pigs will be flying over the Moon tonight as well... Get your telescopes ready...
Comment by a scared MM needing shares to cover???
I would say more like .034 - .04 today, but this one is impossible to predict accurately right now... Every dip it takes is taken right back up with new buys.
Oh, well, if it ever does drop to this level ever again I know several (including me) who will be there to buy more...
Cheers,
TheGoodlifeGeo
Relatively near... Especially since we are talking about Canada where Everything is far away.
Most of the labs in this area are in Timmins.
Cheers,
TheGoodlifeGeo
Energizer Bunny Stock. It keeps going... and going... and going... .0345 now and still climbing...
Fun to watch...
Cheers!
TheGoodlifeGeo
funny...
There was a hint of who in something sent out...
If you look hard enough you will find it...
Cheers,
TheGoodlifeGeo
Hi Leigh,
I had some health issues and recovering now in Colorado...
It took almost no buying pressure at all to send this thing from .027 to .034 after all that early selling.
The strong are all holding, shares are tight and this will not be kept down now... All IMHO
Cheers!
TheGoodlifeGeo
Yes, it's back...
Just upticked from .0305 to .033 in one jump...
This was to be expected (profit taking after going up like 100% last week).
Should be interesting the rest of today since the early profit takers are probably all gone now... and a lot more buying coming in now.
Cheers,
TheGoodlifeGeo
Welcome to SRSR...
If you jump in Monday you will still be at a low point (I would get in quick). Not as low as a month ago, but still fine considering what is going to happen here...
As to when the report will come out, we are talking about an Assay report and we do not really know for sure when. There is no way to know for sure if the Assay results are even ready yet.
In the past year we have also all discovered that Scott will release news and PR's in his own time not when we want him to.
Having said that, I think that now momentum has begun to build he will not wait but get us the first results ASAP. Obviously we all want that to be before this Wednesday, but in IMHO, whatever day it is this will go to a new level...
As far as confirming goes, that may be true, but the Gulf report pretty much already has proved the resources are there and gives a basic idea of at least the Niobium part of Zone D as well. We are all more or less certain of $5+ Billion, now the thing is to prove how much "+" we are talking about...
The estimates could place this anywhere from $10 - $20 Billion based at todays prices for the raw materials, Niobium & REE's, but remember too that this is at Todays prices and in future years these could go up considerably from where we are today. If the REE's are down there at even half the levels that are suspected, the total mineable resource we can expect to have just on this one property (Nemegosenda) over the next 25+ years of mining this out could eclipse the estimates we get over the coming months.
Also as others have been pointing out lately, we have more properties of extremely high potential that we have not even started to explore yet.
The next few months and 2009 in general, will shape the future of Sarissa Resources and if it is even half of where most of the longs believe will happen, we are looking at historic happenings here.
Cheers and GTLA,
TheGoodlifeGeo
"To believe in yourself and to follow your dreams, to have goals in life and a drive to succeed, and to surround yourself with the things and the people that make you happy - this is success!"
-Sasha Azevedo
Amen to that Go!!!
Once this takes off I will hopefully retire from everything and, like you, laze the days away on the beach...
Buzios...Buzios...Buzios...Buzios...Buzios... (our mantra... )
Cheers!
TheGoodlifeGeo
I have a better idea:
"A Penny a Trading Day in 2009"
That would get us over $2.50/share by the end of 2009...
Cheers All!
TheGoodlifeGeo
"Only the wisest and stupidest of men never change."
-Confucius
Pennyadvocate is correct, the TA would Never know anything about any merger, reverse merger, acquisition or any large event like this until after the deal was done.
Loose lips sink ships... or share prices...
TA's are invariably looser than the vast majority of companies want them to be.
In this case, I agree with those who say that the TA was gagged because of erroneous info being given out.
Happens too much...
Cheers and GTLA,
TheGoodlifeGeo
Well, I hate disappoint you, but this is not going to stop at a dime.... lol...
Heck, the way this thing is moving right now, we could hit that within days of seeing the first Assay reports...
I am, personally, more thinking along the lines of .06 - .12 over the next months as drilling continues and the assay reports come out.
We will then start to hear from Scott & company as to what their next steps will be. Many rumours will come out as to whom they may be working with (as in which Big Mining Co's are interested in a JV) and as this process starts to take shape another bump in pps could take us higher still.
I am thinking that the players will be lining up as they prove up the resources we all know already are down there.
The vast majority of Big Mining have taken a big hit in the pps area over 2008 and they will all be looking for something new (like a guaranteed 10-20 Billion or more $$ sitting in the ground ready to be mined over the next 20+ years) to boost their stock price and restore the confidence of their shareholders.
Sarissa is a Gift to Any mining company and they all know it.
At some point this year we will be told of who the lucky company will be and on that day this thing will go to places we are all now dreaming of...
Actual beginning of Mining operations will be the next level after that, but trying to figure out as to when that will be is pointless at this time due to so many factors that it would be guessing.
Needless to say that this little stock of ours could be the biggest thing to hit the market in many years.
A Real company sitting at Penny levels with Resources literally sitting in the ground and the time to develop their find in the way They want to do it and all of Us who have been sitting on this for a year (or more) will be rewarded in ways that Very few are lucky enough to ever realize.
Where is this going to be on 12/31/09? Who knows, But...
The sky is the limit, but we know what could happen with a radical change in the Socio-Political Scheme that is Going to happen as the major changes in Wash, DC & elsewhere in the World take shape over the next few years and as the Economy slowly improves. People will once again want their new 42" Flatscreen LCD TV's, laptops & computers (which Require Niobium & REE's) and their New Shiny Cars (More Niobium & REE's) and as China continues to evolve and need to expand their own stockpiles of Niobium & REE's to quench the huge thirst of their citizens for more and more will only enhance our position...
This is the find of the century and these last few days are showing that there are many people out there who are starting to realize this too...
All is IMHO, but I know many of you out there think the same.
Cheers to all the Good Sarissa People out there.
ThegGoodlifeGeo
"We are odd compounds full of explosive material to which circumstances may at any time apply a spark, with results undreamed of even by those who thought they knew us best"
-Joseph Farrell
Strong... JMHO of course...
-----------
"Having said all of this, I will add that it is possible that no area will really constrain the stock for a while. I would say it all depends on how strong those assay results are."
-----------
Is it OK to start using the word "Wow" now? OK, I know this is just the beginning, but still...
Hope everybody had a Great Christmas!
I have a funny feeling that the New Year is going to be even better than "Great"... (a little birdie flying south south to Mexico for the winter over Colorado from Ontario told me so...)
Cheers All,
TheGoodlifeGeo
"Not all who wander are lost."
-J. R. R. Tolkien
Hello Go, Rip, Zep, Ontareeo, Homey, Leigh, Spark, Mick, Turbo, Jim(s) & Everyone else out here keeping this board alive and going...
So I guess the few people (only a few ) who doubted me when I said in November that we would have a Merry Sarissa Christmas were (thankfully!) wrong...
What a Great Christmas Eve! Makes up for the past months of waiting and waiting and waiting...
Now how Cool would it be if they could somehow get the first Assay results PR'd on New Years Eve (or the Night before...) so we get another huge day next week too...
Of course I think the buying will continue Friday so this 'gap up' is not over yet... It would be really awesome if we went into next week in the high .02's or even .03's...
So Twas the night before Christmas and all through the Mine...
Everybody was stiring, even online...
The drillbits were turning with no time to spare...
As we hope that the Assay's soon would be there...
The board was a buzzin' with Merry and Cheer..
With thoughts that Saint Scott would bring a Great New Year...
So On Merle and On Alan and On Cam Cheriton too...
And to all those naysayers we all say "Boo-Hoo"...
We all wish those Assays are all very Bright...
Merry Christmas to All and especially a good NITE...
Isn't it nice for all us who had the Patience to wait for this to head back and now we will watch as it goes way beyond to where we all know this should be...
Happy Holidays to all the hard workers up there in Nemegosenda and Everyone out here in IHUB too!
Cheers,
TheGoodlifeGeo
"The greatest achievements were at first and for a time dreams. The oak sleeps in the acorn"
-James Allen
Or Power...
Maybe with the first quarter profits we can get Scott to buy one of these SUV's:
http://www.swe-dish.com/
Watch the screenshow and you will see the one I mean...
I got to drive one of these babies in Africa. Way Cool!
Cheers,
ThegoodlifeGeo
As do I. Even though there was obviously a bit of a slowdown in things happening as fast as we thought they might, probably due to the general economic slowdown more than anything else, we are actually at a good point right now, IMO.
Scott and Company will do whatever has to be done to get this to where they want it to be. I have no doubt in this.
Just for fun I contacted 2 Assay companies up in the Timmins area and asked them about the work load & delay times right now and both said things were VERRRRRY slow and wait times for assay results are next to nothing. They each went into hyper-drive trying to sales pitch me into making a deal for whatever ore samples I needed processed... A total turn-around from 3-6 months ago. SRSR might even get a better deal right now if they can guarantee a set amount of assay work.
Same goes for drilling as several others have brought up here, prices of services go down in tougher times just like everything else...
I still believe in Sarissa. I still believe if drilling finally starts going in the next few weeks, we can get assay results very quickly (much quicker than in the Summer) and a real PPS bump can happen before the end of the year to give us all a nice Christmas...
I also now believe things in general will improve after January. I know many are on both sides of this, but frankly for me it is the simple fact that there is Real Dialog happening between So Many different groups that it Already seems to be better. I travel world-wide quite a bit and the general feeling now is simply better. I know the economy still is bad and there is much work to do, but I have hope again after several years of hopelessness...
Good luck to all my friends out here in SRSR land.
Cheers,
ThegoodlifeGeo
I thought I would weigh in on the email address issue with my own experience.
I have had 3 different consulting companies I have worked through over the past 15 years or so. The first 2 I own and the last is a company I am doing work for.
I also just started a new "business" which at this point is more of a hobby, but I hope to switch to as my main business as I get into retirement age.
All together (since I am my own webmaster for my own businesses) I have 9 email "entities".
3 as 'webmaster@company.com'
3 as 'info@company.com'
3 as 'myname@company.com'
I also have 2 hotmail accounts I use for things like ebay & paypal outside of my "Company" emails.
This is simply Way Too much to keep track of for all kinds of practical reasons and when I tried keeping them all separate, it just got too confusing and I would sometimes miss things.
I now have gone back to my Original website email address for everything and have placed forwarding rules at the Hosting site on each email address I created and all my email gets forwarded to that one account. I use Outlook for email and have rules to parse all the email out to separate folders based on where it came from.
I also only typically give out that one email address to everyone now to make my life easier.
Now if someone goes to one of my websites and sends me something to my "Contact Us' webpage, it simply forwards the email to my one account and I keep them all stored in Outlook.
Anthony Mellone has had similar circumstances having different companies with different potential email addresses, so I personally do not find it problem that he simply keeps the one he started with. Perhaps he does have email addresses with the others and they just forward to the one. I have not actually tried this but it seems reasonable.
For me, I do not care what email address anyone uses, as long as I have one that works.
All JMHO and GTLA in this one...
Cheers,
ThegoodlifeGeo
Friends and fellow SRSR Lovers...
Yes, indeed, nothing is impossible. I have been saying this since April that by the end of December we will have news that will put us in the position to really start the journey to the future of Sarissa Resources.
As we look at this day, An Historic Day indeed, we saw one of the best Up days of recent memory and I still say this will be just the beginning, a new beginning I guess as we start towards a new President and a new start for perhaps a rebirth of North America to once again start down the path of economic power... We can only hope, and I am filled with Hope tonight, more than I have had in a long time...
I have always and still believe that SRSR will have positive news to report before this year ends which should send this stock pps back to where it was earlier and beyond...
We who have been following this from the start of Scott's leadership have been saying all along that this will take time to develop, but once it starts it will be Awe Inspiring... There is so much potential in Sarissa that it is the one stock I now own that will remain regardless of short term losses (hopefully behind us now!) and well into the future.
I still also believe in my original estimates of April-May as to where this will go to, which means several of us long-timers will be meeting up in an little place called Buzios...
At any rate, we will end this year on an high and begin on an even bigger high, then it gets better from there...
Good luck to all of us and our belief in what Sarissa will be doing over the next few years is what keeps up all going for that day.
Hello to all my Friends out here (Hi Goforthebet!!!) and lets keep this going through all the ups & downs safe in the knowledge that we have Awesome people in Scott & Co who will now lead us into the future of us all getting to where we want to be...
Cheers Everyone!
ThegoodlifeGeo
Hi Piece and All. Here is a partial list of the boards talking about Sarissa today:
The Blue Horse Shoe Saloon
Rig's Platinum Penny Picks
$ Junior Mining $
Doog's Dugout
Momentum Players SRSR
Chart Patterns and Trends SRSR
*THE BEST DAMN BOARD ON IHUB* SRSR
Undervalued DD thanks BRE
"Pinks and BB"
BB's Stock Haven
Momentum Players
~EDWARD $TEVEN$ON EXPRE$$~
COMMERCE RESOURCES
Awesome PPS movement today!!!
A Huge Thank You to Ontareeo and everyone who went up to Nemegosenda, took these Great Photos and posted them here for all to see.
I think having a totally independent group of investors go up there and actually verified that, Yes, there really is a mine and Yes, Scott Keevil really Does Exist is a big reason for the investor confidence and a big reason for our PPS upticking.
Either way it was Awesome to see new pics and to see that stake showing the first Drill Hole location.
Go $R$R!!
Well, I am off to the airport and, finally, to home. (For a whole 2 weeks!)
Cheers All you Good $arissa People,
ThegoodlifeGeo
He is not the only one saying this... I do not know it will happen, but you do not know it will not.
I have seen articles from the 1960's stating that Gold would Never reach $200/oz. They were wrong too...
As with all things, Anything can happen. Look what happened to Oil this year as an example.
http://goldissuperior.com/2008/01/28/gold-surpassing-2000-experts-say/
I think all the numbers are funny today...
333,000
419,200
And my all time favorite
467,777
That one is actually pretty good!
Personally, I stuck with the ol' reliable 1,000,000 buy today.
I like even numbers...
Cheers and GL Tommorow to All. Hopefully we break that .001 barrier and go way beyond it...
ThegoodlifeGeo
Now That is what I call a Press Release!
For those of you who blinked, say goodbye to the .0008's and welcome to the .0009's... Soon to be followed by the .001's
Has anyone said Wow yet... Just in case no one did... Wow!
Cheers,
ThegoodlifeGeo
I don't know Dolphy, the last time I saw something that looked like this was QNNM when it went up almost 3 decimal places...
Nice looking chart these last 2 days...
Cheers and let the excitement build...
ThegoodlifeGeo
Dennis,
Link to todays pic from COS#1
http://www.tristargold.com/img/cos1a.jpg
Cheers and GTLA,
ThegoodlifeGeo
Two days ago there was an article on swissamerica saying that Gold would reach above $2200/oz. Here is the link:
http://www.swissamerica.com/article.php?art=04-2006/200604240205f.txt
Like Dennis said earlier and I agree with him, I would be extremely happy with 1/10th of what they think is down there as well.
So, if Gold just stays in the area of $1000/oz. we would have a massive fortune here even if the reality is 1/10th what they are saying. Imagine what it would be if the price of Gold went up to $2200? I think their estimates appear high but frankly it will not matter much to the pps if they are.
And this Ticking Clock Idea... Pure Genius! I have never in all my years seen anything like this... Anyone else??
I certainly will not be selling any until after the clock countdown is done. Heck, I may even buy more next week because of the countdown...
It would also be nice to see a headline of "Record Gold Pulled from Nevada Mine" someday, but that would be getting ahead of ourselves...
First lets see what the get from the that 900 tons they can pull out and, hopefully they find the richest spot on the whole property to pull from...
Also it will be interesting when they start pulling up samples in 13 days, 15 hours and 50 some minutes from their Salome, AZ property and if the results are good, I cannot imagine this will not go much higher.
Anyway, this is great fun and one of the few stocks I own that is not at a loss right now after the horrible week we had in the markets. Be nice to have a big positive in a few weeks.
Cheers and Good Luck all,
ThegoodlifeGeo
IMO, an R/S or anything that would devalue this stock is very unlikely for the foreseeable future for a lot of reasons.
1. The value is not there to do an R/S with right now. The current financial situation is more to blame for bringing this down than any lack on the companies part. Even if it were they would be very not so smart to do one now with all the turmoil in the markets. The bashers would come out of the woodwork and start screaming all the things that they do...
2. They would more than likely lose most or at least much of their current "Long Term" holder confidence. The thing that is holding Sarissa together right now is all the Long Term holders of this stock. I, like many of you, have had SO Many stocks do the R/S route and then the inevitable slow drop to zero value over the past few years I cannot tell you and the people at Sarissa know this all too well.
3. Scott knows this would be bad for his company and his 30M shares of stock and, again IMO, does not care about such nonsense. Scott and the people he has surrounded himself with are all experienced Mining people, not stock people. Sometimes that shows, but they really have so much experience in mining and geology that it is actually pretty amazing.
I think that, eventually, once core drilling is done, compliance is ready, financials & audit results are prepared for uplisting and perhaps a JV is announced, they will have to add shares. Not just to raise capitol, but because once they are at the point of preparing to mine, there will be absolutely zero shares left in the float to be had... And we will all want more...
I will admit that I thought things would happen faster than this, but in all reality if you look back over the posts over the past 7 months we always knew this was going to take a long time to happen. Maybe they should have gone for a smaller core drill to begin with, but hey, that's just me.
We know the drilling will happen very soon. We also know, basically, what the assay results will be (at least for zone D) and we know that eventually this stock will take off.
If it were not for the stupid economy it would be, in all likelihood, much higher than this right now.
This is all my opinion and it has been talked about before. I know others have other ideas about R/S's and I respect that, but I doubt very much this will happen here.
Don't worry, just hang on until the drilling and Assay results are coming in. The pps will go back up accordingly.
Cheers All,
ThegoodlifeGeo
"Doing the best at this moment puts you in the best place for the next moment"
-Oprah Winfrey
First, just to clarify this point, this property was Never really surveyed with the immediate intent of mining right away.
This effort was part of an Ontario and Canadian Geological survey mission to perform basic surveys for Future possible mining efforts. It was people like Norman Keevil who worked on these surveys back then and it so interesting now that his legacy lives on through Scott Keevil.
A Massive amount of surveys were performed by Gulf Minerals in the 50's and the vast majority were never mined. The amount of unknown minerals up there is probably staggering, but with the methods of detection getting better all the time, that will change.
When the Ontario Geological Survey was commissioned, they surveyed hundreds of thousands of acres of potential mining properties.
The problem is who would mine it? At that time, Niobium was a minor metal not used nearly as much as today. Now with the advent of the digital age, we Need all the Niobium we get get and then some, not to mention REE's that we know with almost certainty are down there. Sure, there are vast resources of Niobium and REE's in places like Brasil (Been to a few of those mines), but to find large deposits in North America will eventually make the mining companies up there drool.
It takes a company willing and able to get the minerals and metals to the markets that need them. That is why this has not happened until now.
There will be hundreds more mining properties explored in Ontario over the next 25+ years and much of the footwork has already been done in the past. You just have to know where to look for it, then spend money to mine it. Hopefully in a few years, once Nemegosenda & Deadmoose are starting to mine, Scott and Company will locate others like this. We know they can.
There is absolutely no doubt about the large formation of Niobium in Zone D. It is a question of what else is down there we need to know know. This will determine if this is a $2.00 stock someday or a $50 stock someday...
If you want to see what can happen to a mining stock, just look at Teck as a good example. They started with Nothing, now look at them.
Cheers,
ThegoodlifeGeo
"Everything comes if a man will only wait"
-Benjamin Disraeli
Hello Everyone! I have a few days off my insane schedule so I am trying to get caught up on things.
In the past few months I have been to South Africa & Turkey. Spent a hair-raising night on a MAC flight that lost 2 engines, Almost got myself shot by a trigger happy Turkish MP, had to spend a few days in an airport while my Visa status was figured out (I felt like Tom Hanks in "The Terminal" lol...) and got thrown into a project that was, well, lets just say "Not Going Well"...
So now I have confirmed dates of heading back home for a month and I took a few days to get to this huge backlog of emails that has been building up...
First, I think there well may be people in the bad position of being forced to sell some of their SRSR. I do not think it is that they Want to sell, but Have to sell just to make ends meet. This is IMHO after emails with some people out there who are still trying to hang on.
Times are not good and with the difficult economy plus the need for at least some positive cash flow, some people just simply may come to the point where they need to sell some of their holding to survive.
I sent Merle, Scott & Lorne an email yesterday and Merle responded that he could not give any specifics, he did say that progress has been made since the last PR and that we may get an update next week.
There is a chance that I may go up there once drilling starts.
If I do I will let everyone know. The friend I had up in Timmins got Pneumonia and had to leave before ever getting out to Lake Nemegosenda. He was actually taking 4 days off and would have made it to the site if he had not gotten sick. They were doing the camping thing and it was 3 weeks before I found out about this.
Anyway, if the timing of the drilling starting falls in-line with some time I can take off in between all this other madness, I will get up there.
If that happens there will be lots of photographs & video for all to see.
Last point for this post is I really do not think that Sarissa is affected much, if at all, by this current economic situation. The money for the Phase 1 drilling is already there, the driller has been selected, the Assay Company is likewise ready, all they need to do now is get the drilling started and things will pick right back up on this.
The Weather Forecast for Chapleau for the next 10 days is mostly Sunny with Daytime highs in the 50's and nighttime lows in the upper 30's. Perfect Drilling Weather!!
All is well with SRSR and I still believe we will have initial drilling Assay results and other news for our Christmas Holidays...
Cheers to All,
ThegoodlifeGeo
"I look to the future because that's where I'm going to spend the rest of my life"
-George Burns, [At age 87; he lived to be 100]
ROFLMAO...
Rip, you are so darn funny I cannot take anymore tonight...
Cheers All and goodnight,
ThegoodlifeGeo
OK, last thing, I have a "Spy" up near the sight now and they will be going by Nemegosenda sometime this week.
I'll give everyone an update when I get it.