Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good thing his "buddy" was able to find it.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131578519
Transcript of old wallstreet.net interview. See post im replying to.
"
Basically, we took a look at some of the historical data, which indicated there was a huge 20 million ton deposit on it, which was discovered in the '50s. What it needed to have done now is to be brought up to current standards, so we could give some credibility to the historic drilling. And we've done that. "
This is what i came up with a while back. See post i'm replying to.
Should be closer to 200 million for an open pit mine.
Suovorov, does your brother-in-law have any insights on this?
drew currah
Internal AdministratorPosted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780
Posted: 8/10/2009 5:44:04 AM
By: OSC
Any information on the stock dealings of barred stock promoter Drew Currah would be well used.
Back to top
AnonymousPosted: Saturday, August 13, 2011
Posted: 8/10/2009 6:21:21 AM
By: amadeo bickerson
Drew is under a ban from trading, yet he has been selling shares of a pinksheet mining stock to elderly people from northern ontario..watch out!!
https://www.fraud-database.com/forums.aspx?g=posts&t=40005
August 10,2009 when SRSR was still above 10 cents?
A safe bet that you are Currah coming on here to brag that you sold shares of SRSR during the run in 2009?
I'd take that bet
You came here and said you bought below a penny and sold above ten cents, which means you sold in July 2009 as the NI report from Archibald was being hyped. The improper filing of this report and improper disclosure of a mineral resource, which led to the CTO being inposed.
All of this occurred under your watch as General Contractor.
Thanks drucifer!
You have a lot of inaccuracies here.
Nvsos fee was paid to reinstate. They are listed as active there.
Fees on the claims have been paid for all of the core staked claims, aside from the peripheral ones that "prospectors" restaked. I posted the link from the ontario claims site that showed the staked claims and that those fees are paid up as well and not due until 2018.
I dont know where to find out if the property taxes on the patented claims have been paid, and I never posted to say they were.
No issue with the merit of the property. That's never been a problem. Csm, lerner, parsons, sage, chance, ferguson, etc were all truly and legitimatley independent of srsr mgmt, and all vouched as to the merits.
The geological issues are:
1. Locating the iron pin from the historical estimate, more generally the question of lining up the historical pre utm coordinates grid with the current drilling.
2. That the ore body's fine grain sizes made conventional floatation liberation difficult.
3. That the company's historical patented processes from Lerner are not environmentally friendly by today's standards.
4. The proximity to the lake limits the depth of an open pit based on the historical resource.
Es1 is right that there have been failures of mgmt. To characterize this as shooting fish in a barrel, but not being able to hit one.
The issue to me is the failure to follow the NI standards, which is why they got slapped with the CTO. Trying to pass off a resource as "indicated" with the Archibald report.
What i reread yesterday in that may 20 2008 healdine was an apparent effort in 2008 to say Warren Hawkins report was independent and to apprently try to claim a "reserve" estimate.
To be clear, i believe the resource should be classed as a reserve not a resource based on the already work done. However, the NI rules are what they are, so more confirmation was needed. With the amounts raised, the company should have been able to generate an independent NI compliant resource estimate. Instead, it seems the company tried to side step these issues by attempting to pass off hawkins report as independent and a reserve estimate, present the archibald NI as showing an indicated resource, and go to China as a way to bypass the confirmations required by the NI process.
I don't like being messed with. When there is bragging by an obvious insider that is pretending that he's got to talk to his brother in law's boss, talking about how he bought below a penny and sold above 10 cents, which means it was july 2009, which means during the great pump of 2009, and he acts like an insider, and he would be in a position to know the reports were not up to NI standards and profit like that from the trade.
Of course there was also the threats from the GC to bankrupt srsr on that 1.30.16 call if the fractious shareholders didn't shut up about it...
Yes, have held on for the ride
" was prepared to standards as outlined by National Instrument 43-101 Standards and Disclosures for Mineral Projects ("NI 43-101"). The full report will be available for review on the Sarissa website."
But not sedar?
""... 2008 & 2009, Sarissa carried out another drilling program over the same 'D' Zone centering their nine drill holes within the 'D' Zone mineralization. A block model of the results from these nine drill holes indicates a resource of some 11,000,000 tonnes of 0.46% Nb2O5 (12,127,500 tons at 0.46% Nb2O5)."
Indicates? As in indicated resource?
"and gives credibility to the historical reserve estimates. Firstly, the 'D' Zone area likely contains a minimum of 20 million tons grading 0.45 % Nb2O5 and perhaps upwards of 40 million tons that was indicated by the previous programs and that the 'South-East' Zone likely contains another 20 million tons grading 0.35% Nb205 and both have good potential for hosting further resources of Niobium."
Reserve?
Dr. Cam Cheriton, a director of Sarissa, is a "qualified person" within the meaning of National Instrument 43-101 and has read and is responsible for the technical information contained in this news release."
"
I have been rereading posts from July 2009 and the hype during that time. Very fascinating hindsight.
So, I appreciate you bringing up this timeline. As i review it again, this stands out to me.
May 20 2008
http://m.marketwired.com/press-release/sarissa-announces-release-of-independent-report-on-nemegosenda-property-858640.htm
Repeated references to "reserve" estimates in this PR for the "Independent" report from Warren Hawkins
https://www.insidehalton.com/news-story/2914540-osc-orders-10-year-trading-ban-on-former-public-school-trustee/
Turns out the author of the 2008 "Independent" report for SRSR is none other than the "Warren Hawkins" that was implicated in the Findore scam that Drew Currah et al got a trading ban for from the OSC.
Same guy that was the "qualified person" responsible when the BCSC issued the CTO
http://m.marketwired.com/press-release/sarissa-receives-cease-trade-order-from-bc-securities-commission-1291642.htm
I didnt know what these terms meant in 2009, but a "Qualified Person" certainly would know and Understand there is a distinction between CIM dedinitions of resource vs. reserve.
"Preliminary Analysis and Recommendations for National Instrument 43-101 Compliant Reserve Estimate."
Definitely a misleading headline and what post Bre-X NI standards were designed to prevent.
Also, that report was not published to sedar as required by NI. Not something shareholders would know but a QP should.
And headline "Preliminary Analysis" reads like it was a PEA with recommendations that would yield a "reserve" as opposed to "resource" estimate.
Reserve? From Hawkins "Independent" report. That is made to sound like its an NI report.
Meanwhile,
Here's Scott finding his new paycheck...
" During the year, Scott Keevil incurred expenses of CAD $ 92,690 ($US 79,704) on behalf of CCC. These monies were primarily expense reimbursements for travel, office supplies and office rental space. At year end, the Company owed Mr. Keevil CAD $1,542 ($US 1,326). In addition, the Company paid Midnight Capital Corp, a Company owned by Mr. Keevil a CAD $50,000 ($US 42,995) consulting fee. At year end, the Company owed Midnight Capital CAD $88,116 ($75,771). Mr. Keevil owns 4.1% of the Company’s common stock and is a 25% of 2264793 Ontario Inc. (a consolidated VIE of the Company) and serves as its President & CEO.
"
http://www.advfn.com/news_Annual-Report-10-k_68744447.html
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66981060
Definitely adding injury to insult imo.
Seems very upset over a map.
Claims to have sold his shares over 10 cents, which means they were sold in 2009 into the pump, as we all drank the koolade about shooting fish in a barrel.
Stumbled onto this report for holes 84 thru 86 and discovery of ddh-55-10.
http://www.geologyontario.mndm.gov.on.ca/mndmfiles/afri/data/imaging/temp/2_55962/150514_NEME_FINAL2_revised_150709.pdf
Found this by looking up those claim numbers suvorov posted.
See the maps at the end
To which map are you referring?
I didn't realize claims get a new number when ownership changes.
So currah/2254022 ontario ltd now owns those 4 claims.
2 are under the lake and these are not the core holdings where drilling has occurred.
Yes. To the extent i think they now have some claims that srsr let lapse. The primary neme claims are patented, but there are also the unpatented, staked claims. I think its common fir jm's to decide a claim is uneconomic and not worth applying the necessary work to keep it current. It seems that more could have been done to sell the claims goldcorp scooped up than allow them to lapse?
"On behalf of the three First Nation communities, Chief Keeter Corston of the Chapleau Cree First Nation commented "An agreement in writing with our First Nations is essential to doing business in this territory. That's why we're so pleased with this agreement with Probe - it's a good start to the relationship. It's nice to see Probe recognize and acknowledge First Nations constitutionally protected rights, and work together with us to ensure our First Nations have an element of control over, and participation in, this project. This agreement will help Probe move smoothly through regulatory processes, and make it easier for our First Nations to benefit from the business and employment opportunities this project will bring, while also ensuring high environmental standards are maintained."
Not touted or pumped, but shouldn't diminish that it still was an important item to address in the derisking process.
If youre interested in how that project is going.
http://www.goldcorp.com/English/Unrivalled-Assets/Mines-and-Projects/Canada-and-US/Development-Projects/Borden-Gold/Overview-and-Development-Highlights/default.aspx
The MoU wasn't fluff and not intended to be a pump. It was completely an out of left field announcement when it happened, no rumor led up to it, and where was the hype after its announcement?
And
Nearby Borden Lake also had a very similarly worded MoU
http://m.marketwired.com/press-release/probe-mines-announces-memorandum-understanding-with-brunswick-house-chapleau-cree-chapleau-tsx-venture-prb-1557806.htm
Which wasn't something that was hyped or touted for them, either.
Nemegosenda the lake is part of the ccgr, Nemegosenda the mining project east of the lake is not.
"We will immediately begin the geological and processing work that is required to further de-risk the project. Contracts with vendors to perform this work have already been signed and work will begin immediately"
http://m.nbc12.com/nbc12/pm_/contentdetail.htm?contentguid=od:y7GUDAVO
https://www.mci.mndm.gov.on.ca/claims/cf_claims/clm_clr.CFM
PORCUPINE Mining Division - 408226 - NIO-STAR CORP.
Township / AreaClaim NumberRecording DateClaim Due DateStatusPercent OptionWork RequiredTotal AppliedTotal ReserveClaim BankCHEWETT42020812006-May-302018-May-30A100 %$400$4,000$0$0CHEWETT42255532008-Jun-032018-Jun-03A100 %$3,600$28,800$0$0CHEWETT42255542008-Jun-032018-Jun-03A100 %$2,800$22,400$0$0CHEWETT42255552008-Jun-032018-Jun-03A100 %$6,400$51,200$0$0CHEWETT42472752012-Apr-272018-Apr-27A100 %$6,400$12,800$0$0CHEWETT42704302013-May-242018-May-24A100 %$1,200$3,600$0$0COLLINS42086192006-May-302018-May-30A100 %$4,400$44,000$0$0COLLINS42255562008-Jun-032018-Jun-03A100 %$6,000$48,000$0$0COLLINS42255572008-Jun-032018-Jun-03A100 %$2,400$19,200$0$0COLLINS42469092011-Jul-272018-Jul-27A100 %$3,600$18,000$0$0COLLINS42469102011-Jul-272018-Jul-27A100 %$4,800$24,000$0$0COLLINS42469112011-Jul-272018-Jul-27A100 %$1,600$8,000$0$0MCGEE42255492008-Jun-032018-Jun-03A100 %$2,400$19,200$0$0MCGEE42255582008-Jun-032018-Jun-03A100 %$4,800$38,400$0$0
Home Mines and Minerals Opens in new window Northern Development Opens in new window Ring of Fire Secretariat Opens in new window NewsOpens in new window Site MapContact Us
Accessibility Opens in new window Privacy Opens in new window Term of use Opens in new window
Copyright information: © Queen's Printer for Ontario, 2015 Opens in new window
He used to be a weird-o
More from the new advisory board
Lifton
https://seekingalpha.com/article/4054107-china-2025-oem-automotive-industry-critical-materials?source=tweet
Speculation warning. I noticed they had a page for zirconium on the website last it was up.
http://www.niotechcorp.com/index.php/projects/niotech-zirconium
" The combination of a significant historical record of geological work completed, the inherent lower costs to mine a surface deposit, the location in a mining friendly jurisdiction close to all of the necessary infrastructure required for production and the use state-of-the-art separation and refining technology to produce a mix of both traditional and high-tech useful niobium and zirconium products, provides the newly named Niobium Technology Corporation with an exceptional opportunity."
http://www.oilsandsmagazine.com/news/2017/6/27/generating-cash-from-tailings-a-green-tech-approach-to-extracting-more-value-from-the-oil-sands
Rare Earth Class Separation from Gangue Metals - The REE, as a group, have been separated from the impurity metals in the PLS (“Gangue Metals”). The Gangue Metals are non-REE constituents such as iron, thorium, uranium, zinc, copper, nickel, titanium, zirconium, and other trace base metals. This early-stage separation of REE from Gangue Metals distinguishes SuperLig®-One from other, less selective technologies such as solvent extraction and ion exchange (“Legacy Separation Technologies”). In the case of Legacy Separation Technologies, Gangue Metals are co-extracted with the REE, necessitating the use of excessive separation stages downstream in order to achieve the same purity levels obtained by SuperLig®.
http://ucore.com/ucore-updates-on-early-stage-performance-of-superlig-one-pilot-plant
It's pretty impressive technology Lifton was describing.
http://ucore.com/superlig-one
http://ucore.com/documents/WhitePaper_REE_Separations.pdf
https://investorintel.com/sectors/technology-metals/technology-metals-intel/ucore-rare-earth-advantages/
Hains looks like the advisor that knows how to get the resource/reserve defined.
Lifton is the one that can present the pitch for the project to the institutional investirs.
Loois handles the market analysis and supply chain.
Mardsden has expertise in off take agreements and directing feasibility studies.
Looks like a solid team to me.
Hains helped write the book on the subject
http://dmtgeosciences.ca/images/uploads/original/industrialmin.pdf
"co-author of the Best Practice Guidelines for Reporting on Industrial Minerals Resources and Reserves. These guideline documents provide recommended best practice when reporting resources and reserves under NI 43-101."
This one definitely caught my attention.
Paul Mardsden
http://www.marsdenmsl.co.uk/
http://nordicironore.se/en/ir/corporate-governance/management/
http://nordicironore.se/wp-content/uploads/2017/02/nordic-iron-ore-is-advancing-towards-productionv2clean.pdf
https://news.cision.com/nordic-iron-ore/r/nordic-iron-ore-ab-signs-letter-of-intent-with-rail-cargo-austria-ag,c2266365
He's only the most well known and regarded author in the REE and rare metals space, so it's quite a feather in the srsr cap to have him on board.
I'm not familiar with the other 3, but they all have impressive bios.
Thanks. Looks like 8 years tomorrow for me
Too stubborn not to stick this one through.
Happy for the recent developments.
Jack Lifton
Presentation for ucore at this years pdac
He did. This was around the time of the dahlman rose news http://m.marketwired.com/press-release/sarissa-resources-inc-announces-formation-advisory-board-develop-strategic-focus-on-1168308.htm
Don Hains
http://www.indmin.com/events/details/7125/6th-lithium-supply-and-markets-conference/speaker-details/a0rd000000fuyz2mal/don-hains.html
http://www.zenyatta.ca/article/don-hains-1298.asp
http://www.hudsonresources.ca/qp.asp
http://www.bloomberg.com/research/stocks/people/person.asp?personId=22073784&privcapId=18965
https://www.accesswire.com/463506/DNI-Metals---Madagascar-Jumbo-Flake-Graphite-Development-Update
https://www.theglobeandmail.com/globe-investor/news-sources/?mid=ccnm.20141007.201410070971750001
You might start with lifton. He was previously involved with niocorp.
http://www.theaureport.com/pub/na/13618
https://investorintel.com/sectors/technology-metals/technology-metals-intel/lifton-on-why-molycorp-failed/