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Wednesday, January 14, 2009 5:57:36 PM
First, we talked about the PR's yesterday and we both agreed that Scott & Sarissa announced Exactly what they said they would. Niobium Assay Results. The results were Fantastic BTW, and show they have More Niobium content than was previously reported, mainly thanks to the enhanced Assay tests available today as opposed to when the original cores were sampled back in the 50's.
He re-confirmed that All of these assay's are being done by 2 Labs, not one Lab doing 2 sets of tests. The Niobium Assay tests take less time to run through and report on than the rest (REE's, Uranium, etc...).
I think the Next results are likely the next 2 cores samples Niobium results, but the first Cores REE results will be coming as well, so not sure of the timing of this yet, but one thing is certain, we will start getting flooded with Assay Results...
Next thing is he reiterated that the news PR by HWBI did not go through either himself or Scott, but HWBI made a decision to announce. He would have preferred a Joint Announcement, which is the way these things are normally done, but the news is out and frankly this is Not a bad thing for us at all. I do not understand why some do not think this is good for us, but more news about this will be coming, probably from HWBI more than Sarissa.
He stated the focus remains on Drilling, Exploring & Assaying Nemegosenda, as it should be. Scott & Alan are onsite Together and exploring the property as we speak.
To those individuals who are saying the Scott and or Sarissa does not care about the share price. Exactly what do you propose they do about it??? If you chose, for whatever your reasons, to participate in panic selling frenzies, remember you have only yourself to blame in helping the pps go down and not Anything that Scott or Sarissa did.
Scott owns 30 Million shares, so he Certainly cares about the PPS.
We talked about What Scott has done and what is he doing about helping to create a Valuable company?
1. He is Finding High Quality Proerties that can bring Significant profit into this company - Done and Continuing
2. Finding Highly Qualified people & Partners who can add Significant Value to This Company - Alan, Cam, Merle, Drilling Company, Assay Labs - Done and Continuing
3. Explore these Properties and Manage the Resouces wisely to get as much from each property as we can - Ongoing Process
4. One we have Proven the Resources at Nemegosenda, utilize his Experience and Leadership in this, our first Mine, to bring this in where we realize Maximum Profit and Value going forward.
If anyone thought the creation of a Mine was going to be an Easy or Quick task, well, it is not. In this particular economy, it may take longer than we originally hoped, but we are So Close with the Assay results that have started to come out, the Drilling ongoing, More results flowing as they are ready, that IMHO, you would be unwise to bail out now. The market is extremely hard to predict in an economy like this. The right piece of news or the right set of buyers could set this off.
The DOW had another horrible day, more companies are filing Chap 11 and I am sure that potential investors have many things to worry about right now.
We will be fine in time and I still think this will be a Great Year for SRSR. Maybe not the rest of the market though...
Cheers All,
TheGoodlifeGeo
Everything I say is my own opinion. If you do not like mine, get your own...
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