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i think you're right on..
i was just responding to a statement that the stock was red all week.. which is laughable.
lol
i don't think there was a huge block bought all day.
Give it a rest..
Reality is: the stock has been trading sideways all week in the area of .025
http://finance.google.com/finance?q=SRSR
not up all week
definitely not down all week!
So lets drop it. The conversation is idiotic.
Oh and whoever is buying last minute.. keep it up.
green's a much nicer color!
.027 looking very likely right now~
no, you can place an order for 100 shares.
It just means an MM is offering a trade for at least 5000 shares.
Its is the minimum order that particular MM is going to place at that price~
it might.. just because it gives additional credence to Gulf's drilling & defining from the 50's (I'm assuming the new assays will at least match).
Obviously this is disturbing news for anyone that sold all their shares in anticipation of a lower entry level.
ha!
thanks for clearing that up.. you saved me a phone call.
Are you guessing that no one else was interested?? I don't see a IMO in your post. That's a weird way of looking at what transpired.
What most likely happened is that Sarissa was shopping the property around and Scott became aware of it. He checked it out & realized the potential. Then, he made a deal to become CEO of Sarissa & purchase the mine. He was quoted as saying that the only reason he became involved in Sarissa was because of this property.
yeah, that's one way to put it.. the other way is 94+Million Dollars without having to lift a finger. It sounds like a pretty good deal for the land owner IMO.
Fine.... $380,000 Canadian dollars for 98% interest in $4.7 billion.
My bad.
380K + 2% royalties was the purchase price!
Leaving out critical information that one is aware of is the same a lying.
LOL! ain't that the truth!
SRSR Bid: 0.024 Ask: 0.025 Last: 0.025 ($): -0.007 Vol: 1,994,741
Dropped 1/2 cent on almost no volume
hmmmm
very nice.. thanks for sharing
Commerce does most of their calcs in PPM for Tantalum so I was having trouble comparing. Thanks for clearing that up!
This looks like the numbers are better than expected!
Any tantalum found is an added bonus to the Nb2O5 we already know is there. While it doesn't look like there is a whole lot in this hole (.01 - .02% in the higher concentrated areas) tantalum is worth quite a bit more that Niobium & is just one of the many icings they will find on the Niobium cake.
that's it.. you're out??
you're gonna miss all the fun.
picked up 100k @ the ask this am @ .029 (already paid off)
Very nice post Piecemaker.. thanks for sharing.
I don't know if this is what your friend is looking for but there are some geological maps of the property on the last page of the link below~
http://www.geologyontario.mndm.gov.on.ca/mndmaccess/disclaimer.asp?url=%2Fmndmfiles%2Fpub%2Fdata%2Fimaging%2FS034%2FS034%2EpDf
The company raised some money by small private placements of restricted shares.. I'm not aware of any selling on the open market.
when do you think the co sold shares??
interesting.. how many were you trying for?
anyone get a big fill at these low levels?
wow! the L2 speaks volumes~
what is the o/s here? did they raise the a/s recently?
The current share structure as of September 2008:
Authorized Shares: 850,000,000
Outstanding Shares: 734,116,058
Restricted Shares: 264,030,000
Actually, they reduced the a/s by 100M about a year ago
see here>> http://www.sarissaresources.com/pages/posts/sarissa-resources-ceo-issues-shareholder-letter22.php?p=10
"...In keeping with this broad reaching plan, you have already seen some initial steps taken to this end. Sarissa recently reduced the amount of the Company's authorized capital stock by 100 million shares, from 950 million to 850 million."
All this info is right there in the iBox.
So are you really interested in this?? I wonder??
horney?? LOL!
Great News!
Thanks for sharing!!
That's almost always a good move~
Another great day.
Would you say .04 is the next line of resistance?
Gofor,
Great board! Thanks for the heads up. **Marked**
American Bulls is a joke.
I like how they have their buy listed @ .028. There wasn't much buying being done at .028 and certainly not $338,000 worth as they imply. That kind of purchase would have sent the price through the roof! LOL!
I agree.. look for the easiest explanation & that's probably the right one. I'd do the same thing if I was in that situation.
Nice start to 2008 for SRSR.
Next leg up should be any day now.
Third Quarter Financial Report Filed
Right on time!
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=18858
Nice observation, hopefully, history will repeat itself.. & then break into uncharted territory.
someone's walking it down.. the last 2 trades were tiny.
It's the end of the quarter.. keep your eyes open for updated financials on pink sheets this week.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=srsr#getFilings
Great day today!
Merry Christmas All!