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Wow! I'm in the green!!
Merry Christmas all!
Thanks for the report.. sounds like it was a good time.
exactly!
You know, come to think of it, they didn't state in any of the PRs what brand of backhoe they are using to clear the roads. Why are they hiding this information from us!
I don't know what needs to be done to accomplish that, but I'm all for it. Supposedly she kisses a lot of management a$$, so it might be difficult.
Putting IMO in front of a paragraph shouldn't give her the ability to slander a stock without any facts to back it up.
Re: the bug on the other board..
A-ha!! I've been wondering what this person's motivation was for posting all these claims without any backup.. and it is finally revealed!
see >> http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33375633
It's an attempt to steer people over to her garbage board that gets two or three visitors a month(one of which is her). It's probably on the verge of being shut down due to lack of interest & she'll say anything in an attempt to get posts over there.
Don't fall into the trap of posting on her board!!
Just gonna throw that out there with no backup. Now, that's what I call SUSPECT.
Nice post but am I missing something with your calculations? Where do you see 6.6 Mil lbs Niobium for Commerce?
Looks like 14.73 Mil lbs Nb2O5 (Niobium) & 3.56 Mil lbs Ta2O5 (Tantalum).
http://www.commerceresources.com/s/NewsReleases.asp?ReportID=288396&_Type=News-Releases&_Title=Metallurgical-Investigations-Suggest-Large-Scale-Bulk-Sample-Program
Don't get me wrong, I still think we'll be way over 20M lbs once everything is proven up. not to mention other REE's & Ta2O5.
ahhh paroled.. welcome back!
On the phone w/ IR..
Why, did you hear different from them?
OK.. I don't think we'll be hearing from that poster again. He's prob one of the major buyers today & just wanted to get the best price.
From what I understand, Scott already has all the money he needs for Phase I of drilling & won't need to raise more money for a while.
Don't sweat it! We have a bunch of good news coming & the PPS will fall in line. IMO
what concerns became true today??
That is terrible news.
Please except my condolences.
make that 60k @ .0125.. that a partial on yours banjo??
sure that's not yesterday's volume??
i'm showing no volume today
By his own words, Scott became involved in this company only because of the Nemegosenda property. Sarissa already had exclusive rights to the property before he came onboard. Based on all of the historical work, Scott described Nemegosenda as shooting fish in a barrel!!
Welcome & Good Luck!!
Be sure to read OntaREEo's summary (post#26772). It's a good no nonsense synopsis.
lol.. I was going to reply that his cost avg is better then mine also, but the message was erased.
If you did your DD, I think you knew coming into this that it was at the very least a 12-18 month play from when Scott came on. I didn't expect it to go down so much but we knew it was the beginning stages & would take a while to mature.
It's def not a good feeling to be down 70% or so.. believe me.
Slowly progress is being made & the PPS will reflect that soon. JMO
Scott seems certain that is the wrong thing to do.
The plan Scott has put in place was designed to fetch maximum value for the Nemegosenda property. It was stated multiple times by the company that entering a JV early would cost the company a huge amount of money in future profits. From what I understand, it is not even a consideration at this point.
thanks Jim & homey
Can somebody please post an L2?
Much appreciated!!
OntaREEo pm your email add to me
The PR was more than just about "talking to a drilling contractor". It laid out the drilling plan for Zone D & the next steps for the East Zone.
It also explained the reasoning behind 1208172 Ontario Limited & showed the progress of Sarissa towards the goal of becoming a 'fully reporting company'. If you look below at stervc's post of his conversation w/ Scott from November...
Posted by: stervc Date: Monday, November 19, 2007 Post #2176
One of the things I was glad he mentioned without me asking was that he wants to file a SB-2 to get SRSR out of the pink sheets. He said he wants to first get SRSR fully reporting and then on to the OTCBB. He said that it is not a fast or overnight process, but that he feels very confident he could do it. He said that he looks forward to the challenge.
First- get SRSR fully reporting
Second- uplisting
Anyway, from what I understand the visit to the property is just a formality to make sure the project is viable. We should expect to hear about a contract & start date shortly.
You have plenty of company in that department around here.
Thanks for relaying her message.. the board has lost a great voice. Hopefully Mgmt will reconsider.
How to put pics on your posts or signatures:
http://investorshub.advfn.com/boards/image_upload.aspx
Months ago, there was alot of discussion on whether drilling could be done during the winter. They are just confirming that it can.
They must have 2nd quarter financials posted by the end of September in order to keep their Limited status on Pink Sheets.
IMO uplisting shouldn't be too far off.
Thanks for posting the good news!!
Excellent News!!!
"With current access into the site, drilling can be conducted on a year round basis. The diamond drill program is designed to define a National Instrument ("NI") 43-101 compliant inferred mineral resource statement on the D Zone in 2008."
If I read this right, they still expect to be NI 43-101 compliant in Zone D by year end 2008!!
Banned until 2011 ?!?!
http://investorshub.advfn.com/boards/club_matt.asp
Wow, what did she do?
nice work!
Now.. that would be great.
True, it's not a real PR.
It did, however, have a lot of good (new) information.
It probably is a little safer for a company to be misleading or flat out lie on a company Internet page, but I'm sure they are still legally responsible for its content.
I do not differentiate between PRs & official website posts with this company. They have been honest and hype-free up to this point and because of that they've earned my trust. I known you feel the same way (based on what I've seen of your posts).
Anyway, most private conversations with the company point to a definite PR in the next (4) weeks. I expect we'll see one much sooner. JMHO
That's not necessarily true. There was an East Zone Update a couple of weeks ago on Aug 24.
>>> http://nemegosenda.sarissaresources.com/2008/08/24/east-zone-update/
What's your status. I see you've been in it since Scott's been on board. Do you still have all your original shares or has the SP drop caused you to sell?
Or, are you hoping it will go lower in order to buy more?
"Death Cross"
That doesn't sound very optimistic. Hopefully, there will be an uplifting PR next week.
Then again, charts are more useful when you know very little (or nothing) about a company. I think most of us know where this one will eventually be heading.
I for one am happy about this dip because it enabled me to up my position and lower my cost avg.
Enjoy your weekend fellow SRSRers.
Try to stay dry fellow east coasters.
Maybe this is a stupid question, but what's the significance of the 200 and 50 dma intersecting?
Besides the obvious fact that stock performed poorly over the past 50 days.
.018!!
Looks like someone is setting up shop..
.017 welcome back!
See what buying at the ask gets you..
35% move up on 3700 shares.
oh yeah,
Ameritrade is just being flaky.