Sarissa Resources Inc (SRSR)

[marketphile]

The facts are pretty simple. We are in a secular commodity bull market. SRSR is sitting on at least $15B of niobium and tantalum with a market cap now of around $16M. That's a resources-to-market-cap ratio of about 1000-to-1.

Either you believe in efficient market theory or you believe markets are inherently inefficient. If you fall into the latter category, you must see opportunity in the current share price. I know I do. Where do you think the stock price will be after we get confirmation of the full $15B in resources? This confirmation is likely how far away, six months? Anyone who can't find the patience to wait 6 months for a 400% to 600% gain should spend more time in the casinos and less time in the financial markets. I'll stick to where the odds are in my favor.

I should also remind everyone that the MM's are likely still short from the spike in early April, and they don't like to cover at a loss. They continue to walk down the stock on low volume every chance they get. Again, you either view this is an opportunity or you do not.