Solidus Communications Inc (SLDC)

[Plata]

Hey Rob. I have not seen SUGO on the exhibitors list. I know the spaces fill fast and usually a company needs to book a year in advance.

Sarissa Resources Inc. looks interesting to me, but I have not looked at the share structure. I see they have a 43-101 but I have not reviewed. Just a heads up on Niobium, Brazil produces ~90% of the world supply. I think there are 2 or 3 companies there that produce the bulk of it. They have a cartel and can control the price. I know that there is a Niobium mine in Quebec run by IAMGOLD and they ran at much lower grades than the Brazilian deposits.

http://www.iamgold.com/English/Operations/Operating-Mines/Niobec-Niobium-Mine/default.aspx

They always worried that the Brazilian cartel would lower prices and put them out of business. They were kind of like that fly buzzing around waiting to get swatted. This was ~12 years ago and the last time I looked at Niobium. Just another thing to consider in your DD. Look at the grade comparisons and deposit size to get a feel as to where Sarissa stacks up.

Than compare to Brazil

Brazil produced 25,000 t of niobium in 2003 compared to 24,174 t in 2002. CBMM (Companhia Brasileira de Maetalurgia e Mineracao) is the world's largest producer of niobium. The company has mining and processing facilities at Araxa in Minas Gerais State. Araxa has a capacity to produce 84 000t of niobium concentrate per year. CBMM is a totally integrated company including mining and beneficiating and produces a variety of niobium products. CBMM is 55% owned by Brazils Moreira Salles family and 44.82% by Molycorp of the USA. The mine produced 23 300t ferroniobium in 2000 equating to 39 600 t of niobium concentrates. Araxa has a resource of 465 Mt grading 2.5% NbO, making it the world's largest known niobium deposit. Brazil contains 80% of the world's known Niobium reserves of which CBMM provides 70%.

that will provide you with a feel of things to look at. Unlike gold a company can decide to sell niobium at what ever price it wants so when you produce most o the Ni in the world you control the game.

URANIUM STAR CORP don't know anything about.....