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Re: netjoy post# 33187

Sunday, 12/28/2008 10:18:59 PM

Sunday, December 28, 2008 10:18:59 PM

Post# of 165854
Welcome to SRSR...
If you jump in Monday you will still be at a low point (I would get in quick). Not as low as a month ago, but still fine considering what is going to happen here...
As to when the report will come out, we are talking about an Assay report and we do not really know for sure when. There is no way to know for sure if the Assay results are even ready yet.
In the past year we have also all discovered that Scott will release news and PR's in his own time not when we want him to.
Having said that, I think that now momentum has begun to build he will not wait but get us the first results ASAP. Obviously we all want that to be before this Wednesday, but in IMHO, whatever day it is this will go to a new level...
As far as confirming goes, that may be true, but the Gulf report pretty much already has proved the resources are there and gives a basic idea of at least the Niobium part of Zone D as well. We are all more or less certain of $5+ Billion, now the thing is to prove how much "+" we are talking about...
The estimates could place this anywhere from $10 - $20 Billion based at todays prices for the raw materials, Niobium & REE's, but remember too that this is at Todays prices and in future years these could go up considerably from where we are today. If the REE's are down there at even half the levels that are suspected, the total mineable resource we can expect to have just on this one property (Nemegosenda) over the next 25+ years of mining this out could eclipse the estimates we get over the coming months.
Also as others have been pointing out lately, we have more properties of extremely high potential that we have not even started to explore yet.

The next few months and 2009 in general, will shape the future of Sarissa Resources and if it is even half of where most of the longs believe will happen, we are looking at historic happenings here.

Cheers and GTLA,
TheGoodlifeGeo

"To believe in yourself and to follow your dreams, to have goals in life and a drive to succeed, and to surround yourself with the things and the people that make you happy - this is success!"
-Sasha Azevedo