Quick tonnage comparison Commerce & Sarrisa ....
Keeping in mind that the Stockhouse editorial is solely based on the author's stated 'LONG' position on Commerce resources......I checked out the PR's from them to get an idea on what the estimated tonnage of their property was.....
March 5, 2003 PR stated that their 2 largest Niobium and Tantalum mines have the following estimates:
'Verity" mine with 5.2 mil lbs of tantalum & 2.24 mil lbs. of Niobium;
'Fir' mine with 1.3 mil lbs. of tantalum & 4.36 mil lbs of Niobium;
Total is 6.6 mil lbs. of Niobium and 6.5 mil lbs of Tantalum.
This information revealed in their PR.
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Match against Sarissa's May 20th 2008 PR offering.....
'Nemegosenda' property estimate of 20 mil lbs of Niobium in Zone D , as per Ontario Geological Survey & Gulf Minerals Canada....
--This does NOT include the mineral content in Zone's A,B,E,F & G;
--This does NOT include soon to be revealed estimates of REEs, Tantalum and Uranium.......plus other minerals.
Commerce stock rocketed to $1.75 from around .45 with the NI43-101 report.....exercised multiple private placements and warrant sales......then uplisted this past Feb.......
Sarissa plans, I believe, to uplist first with AF's, then reveal their NI43-101........better plan, IMO.....
In any case, despite the Stockhouse author's labelling of Commerce's 'massive' property in British Columbia....
it would seem that Sarissa' is at least 4X larger, if not more when you take into account the other 5 zones and many other minerals ( including the REEs ) ......
GEE, if he labels the Commerce site as 'massive', what term would he use for Sarissa's ? LOL !
FWIW..........this is just a quick comparison....hope it helps.
SyracuseO
-
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Through life the whole of my success;
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Without, I'm dull as cloudy skies !
Light up a stogie today !!
AI
