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Re: JonB44 post# 48068

Saturday, 05/23/2009 12:15:56 AM

Saturday, May 23, 2009 12:15:56 AM

Post# of 165854
JonB44...."1. the investor section has not been updated since January 2008,16 months ago. other updates have been made to the website since. this is something I always pay attention too because its benefical for company to keep updated."

Just what hasn't been updated that you deem so important?
The important updates have been made - mainly news updates.
The share structure has been updated and shows an accurate outstanding figure. The Nemegosenda blog that is also in the investor section is current. The company has done a wonderful job of keeping investors updated with pictures/written updates as drilling progressed. They don't employ secretaries as Scott has been very cost conscious and only putting money into the bare essentials with drilling being the biggest of expense next to property acquisitions. Would you rather have Scott attend to the little details or do you think his time is best spent on running the company?

"2. there are quarterly reports for Q1 - Q3 in 2008 but no Q4 report?"

The 4th quarter financial statement is hardly an important item at this time as SRSR is still in the development stage with no revenue to report. This is not IBM. You're invested in a start-up exploration company that is trying very hard to conserve $ and forge ahead with a monumental property. If, however, you are really interested in seeing the 4th quarter financials, it is to be found in their Pink Sheet filings. Here is the site:
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20175

"4. http://www.sarissaresources.com/media/hawkins_report.pdf
check out this report "Preliminary Analysis and Recommendations for National Instrument
43-101 Compliant Reserve Estimate" this was done by Warren Hawkins. Previusly some were asking who was doing the NI report, I think its this guy. Im trying to determine what this report is for I belive its the work done prior to starting the NI report but just cant confirm it. Im also trying working on some background on him."



Almost all the present posters are more than familiar with this report as it was done as a preliminary to expending money on drilling. Warren Hawkins is an independent geologist hired just to complete this report. He is credentialed and in good standing with the Province of Ontario. He is NOT doing the NI43-101. That remains confidential until released - as it should.


"I got nothing back on the CVRG pump suggestion. Does no one else think its odd that this decision was made? I dont know what it means but I really have trouble believing SRSR had nothing to do with it."

You are treading on very dangerous ground here as what you are stating, if I am reading you correctly, is that Sarissa had a hand in moving the stock of CVRG in its latest burst to unreasonable heights. What you are suggesting is a very serious breech of securities law - stock manipulation. People go to the slammer for that. I think you need to do some serious retraction on this insinuation as the company could have recourse to challenge you on this as their reputation could be damaged by such an accusation.