Sarissa Resources Inc (SRSR)

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I imagine the price fall had more to do with the recommendations in the NI report that called for additional drilling that had to be done before a compliant resource could be attained, at a time when the expectation for the report being that said resource estimate could be attained by SRSR's drill program. I think the smart investors realized that SRSR'S subsequent PR claiming 11 million tons of "indicated" material was a deception and bailed while the rest of us thought we were going to dollar land based on a figure Keevil allegedly stated as a fair valuation for the project.

The mining boom hadn't peaked in 2009, so that certainly was not the issue. The subsequent interest from Shandong also proves that it wasn't for lack of interest in the project. Very clearly in hindsight is that traders got on board and helped run up the share price. Some of those traders like suvorov were smart enough to get out above 10 cents while the rest of us continued to believe in scott Keevil and his barrel of fish. Problem is that we didn't get that we were the fish.