Sarissa Resources Inc (SRSR)

[learner1156]

VERY interesting information, from http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=77894&tid=622&mid=622&tof=1&off=1

Just to Compare Dana Resources (DANR) to a few other popular Junior Mining companies that I know about. We can see how extremely undervalued it really is! If they have indeed acquired an operating and producing property, this could be enormous. These are all companies at relatively the same stage of exploration except for MNEAF which is producing now, but was not in first half of 2009.

If DANR was valued comparably to Santa Fe Gold or Pediment Gold at around $70,000,000 we would have a share price of approximately $.79 What a huge bargain DANR would be right now.

Check out these comparisons:


SFEG.OB= Santa Fe Gold Corp-Exploration Not yet producing publicized results
PEZGF.OB= Pediment Gold Corp-Exploration Stage not yet producing publicized results
MNEAF.OB= Minera Andes Inc. – Production Stage just recommenced work in 2nd half of 2009
YNGFF.PK= Yukon Nevada Gold Corp-currently non production work stoppage
SRSR.PK= Sarissa Resources-Exploration Stage Company
DANR.PK= Dana Resources – Exploration stage in talks to acquire current operating silver mine.

SFEG.OB:---Market Cap:-----$77,016,715 as of Feb 26, 2010
PEZGF.OB:--Market Cap:----$61,980,460 as of Feb 26, 2009
MNEAF.OB:--Market Cap:---$163,683,400 as of Feb 26, 2010
YNGFF.PK:--Market Cap:----$72,906,120 as of Feb 26, 2010
SRSR.PK:--Market Cap:------$31,771,552 as of Feb 26, 2010
DANR.PK:---Market Cap:------$6,190,100 as of Feb 26, 2010

SFEG.OB:----Shares Outstanding:----84.05M (As of Feb 26, 10)
PEZGF.OB:---Shares Outstanding:----47.31M (As of Sep 30, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 347.17M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.M (As of Dec 31, 08)
DANR.PK:----Shares Outstanding:----88.43M (As of Feb 22, 10)

SFEG.OB:----Share price $1.03
PEZGF.OB:---Share price $1.31
MNEAF.OB:---Share price $0.71
YNGFF.PK:---Share price $0.21
SRSR.PK:----Share price $0.0428
DANR.PK:----Share price $0.07