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Monday, 06/15/2009 11:06:22 PM

Monday, June 15, 2009 11:06:22 PM

Post# of 165854
I had a chance to chat with Merle (SRSR IR GUY) over the phone today and learned a few interesting things I thought I would pass along to the board. First, there is no dillution going on right now, not that we would expect SRSR to ever do any widespread dillution of any kind!

We also talked about the report coming out. Of course Merle wasn't able to give me any specifics about when but I asked him if the NI43-101 report would be covering Niobium only or the REE's and Tantalum as well. Merle stated that this compliance report would be on the Niobium only! I found this significant for several reasons. We know from earlier DD that some of the samples were sent to labs for tantalum and REE, but they were separate from the Niobium labs. It is likely that they have REE and Tantalum data from the holes they drilled on their recent drilling program. So why would they not include some of it in the report? I think we have strong reason to believe that the old GULF DOMINION data WILL BE included in the NI43-101 in a very significant way! The only way to do justice to a property this HUGE is to focus on the niobium first (again because they have SO MUCH historical data on niobium) and later prove up REE and other minerals. I feel like this report is going to surprise even some of the most optimistic longs!

everything is imo...
Junior Mining Board http://investorshub.advfn.com/boards/board.aspx?board_id=12963