Sarissa Resources Inc (SRSR)

[Tar sands]

With a Public Company, especially one that is trying to organize a "reorganization", there is a cash burn rate. What the amount is is fully dependant on what is trying to be accomplished however it is not confined to just drilling costs alone.

Geologists, Lawyers, Service Providers of one sort or another related to the Asset/Property combined with other Business services (such as rent, telephones
etc) need to be paid. While the drilling may be $35 - $85K (which seems extremely low) that only forms part of the expenditures required to move forward.

IMO not only does Sarissa have neophyte Management they have a serious "cash" problem in allowing them to move forward.

A loan to the Company, from an Insider being the most likely source, is the most practical way moving forward. Only Scott knows whether this is practical for him.